FHA
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Fannie, Freddie, Counterparty Risk and More
Calculated Risk —
Authority: 752
Yesterday I posted some excerpt from Freddie Macs 10-Q: We believe that several of our mortgage insurance counterparties are at risk of falling out of compliance with regulatory capital requirements, which may result in regulatory actions that could threaten our ability to receive future claims payments, and ...8 hours ago -
Real estate roundup: Foreclosures, Realtors and the FHA
L.A. Land —
Authority: 568
There is some more news on the local foreclosure front this morning, with Mathew Padilla at the Orange County Register reporting that outstanding foreclosure auction notices in Orange County rose to a record high of 8,895 at the end of September , “the highest in this housing downturn and probably the highest ...17 hours ago -
Opportunity to secure yesterda…
Seattle Mortgage —
Authority: 134
Opportunity to secure yesterday’s great interest rates today!! Post from: The Mortgage Reel - Seattles #1 Resource and advocates for Home Ownership - Covering Mortgage and Real Estate Opportunity to secure yesterda…19 hours ago -
New FHA Streamline Refinance Guidelines Coming November 17th
wealthwithmortgage.com —
Authority: 125
New Guidelines Coming Soon Consider this a last call for FHA Streamline Refinances. Starting next Tuesday, the popular rate-lowering program gets strict on borrowers. There’s 5 days left. Under the current streamline refi guidelines, FHA homeowners have minimal program eligibility requirements. FICO scores ...19 hours ago -
Seattles unemployment can fill…
Seattle Mortgage —
Authority: 134
Seattles unemployment can fill Qwest field 3 times!! Washington received the most money to save and create new jobs, let the recovery begin Post from: The Mortgage Reel - Seattles #1 Resource and advocates for Home Ownership - Covering Mortgage and Real Estate Seattles unemployment can fill…19 hours ago -
FHA Temporarily Relaxes Condo Rules
Calculated Risk —
Authority: 752
Last week the FHA released a temporary guidance that relaxed some of the rules for condominiums. From the FHA: Temporary Guidance for Condominium Policy The Miami Herald has the key points: FHA moves to boost condo market • Increase from 30 percent to 50 percent the number of units in a project that can be ...19 hours ago -
The Pride of Homeownership – From Renter to Homeowner
Vivianne Rutkowski's Weblog - Northern Virginia Real Estate —
Authority: 113
A recent study by Bankrate.com showed that despite the economic downturn, 92% of Americans believe that owning a home is a good investment and a hedge against a potential inflation, because even if prices do go up, the monthly mortgage payments on 15 year or 30 year mortgage loan stay the same. Indeed, the benefits ...1 day ago -
FHA Streamline Refinance Program Updates
Your Mortgage Planner 2.0 Blog Your Mortgage Planner 2.0 Blog —
Authority: 123
Consider this a last call for FHA Streamline Refinances. Starting next Tuesday, the popular rate-lowering program gets strict on borrowers. There’s 5 days left. Under the current streamline refi guidelines, FHA homeowners have minimal program eligibility requirements. FICO scores must be 620 or higher The ...1 day ago -
FHA streamlines — it is now or never folks
Government Refinance Assistance —
Authority: 117
If you have an FHA loan with a rate at 6% or higher it is now or never to streamline your loan to a rate in the low between 5% and 5.5%. The FHA is pulling the plug on this program Monday November 16th. Streamlines currently require no appraisal, no income or asset verification, and no money at closing. They ...1 day ago -
FHA Condo Update
Green Mortgage Group —
Authority: 91
This update contains the temporary changes to the FHA Condo Approval Process as outlined in Mortgage Letter 2009-46 B. Here are the 65 things you need to know about these changes: 1. These temporary changes are effective on December 7th, 2009 through December 31st 2010; except for Spot Loan Approvals. 2. Spot Loan ...1 day ago -
New FHA Financing Rules for Condominiums - Thank Goodness!
Melissa Savenko's Richmond Real Estate Review —
Authority: 122
On November 6, 2009, the Department of Housing and Urban Development issued new guidance relaxing the financing requirements for condominiums. For condominium developers, listing agents for condominium projects, and condominium buyers, this is GREAT news. Basically, an individual buyer may now get FHA financing ...1 day ago -
HUD Implements HECM Counseling Roster and Testing Standards
Reverse Mortgage Daily —
Authority: 137
In an effort to strengthen reverse mortgage counseling, the US Department of Housing and Urban Development published Mortgagee Letter 2009-47 to implement the HECM Counselor Roster and testing standards used to qualify counselors. According to ML 09-47, HECM counselors who took and passed the exam on or before ...1 day ago -
working towards the release of…
Seattle Mortgage —
Authority: 134
working towards the release of the new look for the website. Also assisting relo’s with opportunities in the Seattle Real Estate Market Post from: The Mortgage Reel - Seattles #1 Resource and advocates for Home Ownership - Covering Mortgage and Real Estate working towards the release of…1 day ago -
The 10 yr note auction went ok…
Seattle Mortgage —
Authority: 134
The 10 yr note auction went ok today but the mortgage market is currently weakening. We will see a negative price change possibly today Post from: The Mortgage Reel - Seattles #1 Resource and advocates for Home Ownership - Covering Mortgage and Real Estate The 10 yr note auction went ok…1 day ago -
Yesterday’s 3 yr notes auction…
Seattle Mortgage —
Authority: 134
Yesterday’s 3 yr notes auction was well received, improving interest rates today. Post from: The Mortgage Reel - Seattles #1 Resource and advocates for Home Ownership - Covering Mortgage and Real Estate Yesterday’s 3 yr notes auction…1 day ago -
The FHAs reserve fund could be a black hole for U.S. taxpayers
DailyFinance —
Authority: 793
Filed under: Economy , Investing As mortgages continue to sour, the Federal Housing Administrations reserve fund continues to deteriorate. Thats not a big surprise. What might be a surprise is the fact that the FHA can get bailout money from the U.S. Treasury without seeking approval from Congress . An automatic ...1 day ago -
New Jersey $8,000 First-time Home Buyer Tax Credit at a Glance
FHA Mortgage Blog —
Authority: 133
$8,000 First-time Home Buyer Tax Credit at a Glance *The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase. *The tax credit does not have to ...1 day ago -
Top 10 real estate posts of the day for 11/10/2009
Hassle Free Phoenix Area Home Search —
Authority: 132
1) Inman Real Estate Connect NYC discount code available – Interested in going to Inman NYC this year? If so the sooner you buy the ticket, the better savings you get. 2) 10 tips for buying a short sale – There are a lot of posts with tips on how to get a short sale approved, but not as many for the buyer of ...1 day ago -
Summarizing The New, Stricter FHA Streamline Refinance Program (Changes Effective November 17, 2009)
The Mortgage Reports —
Authority: 536
Want to refinance on the FHA Streamline Refi program? Better get a move on. Beginning in just 5 days -- November 17, 2009 -- the FHA changes over to new guidelines for its popular FHA-to-FHA refinance program. Getting approved for a Streamline Refi will be more difficult and more expensive.1 day ago -
1st Choice Financial Consultants FSBO Showcase
CVN Home —
Authority: 137
1st Choice Financial Consultants’ CEO “Calvin Butler” would like to invite you to visit the For Sale By Owner section of our site @ 1stchoicefinancial.webs.com Our primary products are residential mortgages & loan modifications, which helps families better afford their home. Additional Services Our financial ...2 days ago