federal housing administration
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Latest blogosphere posts tagged “federal housing administration”
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No Improvement in FHA Delinquency for 8 Months
Mortgage-Blog —
Authority: 129
In December, the Federal Housing Administration’s residential delinquency of at least 90 days jumped 30 basis points from November. The rate of late payments was up 80 BPS when compared to December 2010. The rate of serious delinquency has not improved a single time since April 2011, when the 90-day rate fell to ...2 days ago -
FHA Mortgagees Face Stiffer Requirements
Mortgage-Blog —
Authority: 129
Federal Housing Administration mortgagees will be subject to more rigorous peformance standards under new regulations that will also revise the process of reimbursing the cost of insurance claims when FHA rules weren’t followed. The process used by FHA to demand that mortgagees indemnify the Department of Housing ...1 week ago -
Reverse Mortgage Information Regarding the HECM Options Available to Seniors
Mortgage-Blog —
Authority: 129
An HECM, or Home Equity Conversion Mortgage, is a type of loan insured by the Federal Housing Administration (FHA) that allows senior homeowners to withdraw a portion of the equity in their home. Today, HECMs make up more than 90% of all reverse mortgage loans. Read on to learn more about this unique loan product… ...1 week ago -
Source of Tax-Free Income
Online Earning —
Authority: 117
With the rising costs of essential items for daily consumption such as food, medical expenses and rent, the elderly have to cut and trim their spending and budgets, especially in these times of economic problems. You can take a reverse mortgage to use the equity in the house if they are 62 years or more. [...] Source ...2 weeks ago -
Flood Insurance Stopgap Extension Passes
Darren Tunstall | 858-707-5628 —
Authority: 115
“The National Association of Realtors® is pleased that a continuing resolution passed by Congress today included a short-term extension of the National Flood Insurance Program, but still believes a longer term extension is needed to ensure access to affordable flood insurance for millions of homeowners. Continue ...2 weeks ago -
Six Questions on Foreclosure-to-Rental Programs
WSJ.com: Developments —
Authority: 466
Wednesdays Journal looked at how one private-equity firm is making a bet on renting out single-family homes acquired through foreclosure. In the coming weeks, federal policy makers could roll out pilot programs to further test the concept. Heres a look at what’s involved: What is the government considering? ...2 weeks ago -
DC Firm Postures to Help FHA Mortgagees
Mortgage-Blog —
Authority: 129
The Collingwood Group is posturing itself to help Federal Housing Administration mortgagees avoid and deal with enforcement actions. The company recently acquired a consulting firm that specializes in assisting FHA mortgagees with risk management on government loans. A planned conference call next month for ...2 weeks ago -
Mortgage applications rise 4.5%
Housing Wire —
Authority: 665
Mortgage applications edged up 4.5% last week when compared to a week earlier, an industry trade group said Wednesday.The Mortgage Bankers Association released its market composite index, which shows applications up 4.5%.Refinancing activity also grew with the refinance index increasing 3.3% from a week earlier. The ...2 weeks ago -
Emergency Homeowners Mortgage Loan Program
Online Earning —
Authority: 117
Administrators have recommended that between 500,000 and 1.five million upside down borrowers could receive a new, more sustainable mortgage loan through the Fha Short Refinance option. But many finance analysts warn applicants not to hold their breath because participation in the Federal Housing Administration short ...3 weeks ago
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