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  • FHA, Jumbo & Purchase Activity Drive Business Higher


    Mortgage-BlogAuthority Authority: 129
    Led by an increase in inquiries for purchase financing, government-insured loans and jumbo mortgages — overall mortgage activity was higher this week. Both jumbo and 15-year loans were priced more competitively in the latest report, and overall mortgage rates are poised to come in lower in the next report. New ...
    21 hours ago
  • No Improvement in FHA Delinquency for 8 Months


    Mortgage-BlogAuthority 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 ...
    21 hours ago
  • Kung Hei Fat Choy


    Minnesota FHA | MN FHAAuthority Authority: 92
    Happy Chinese New Year-Officially on January 23rd. Some of my family members are from China. We often will celebrate Chinese New Year with a tremendous meal and good company. This is the year of the Dragon. 2012 is going to be an exciting year-count on it! I hope it is your best.  
    5 days ago
  • Kung Hei Fat Choy


    Minnesota FHA 203K | FHA Rehab Loan | FHA lendersAuthority Authority: 92
    Happy Chinese New Year-Officially on January 23rd. Some of my family members are from China. We often will celebrate Chinese New Year with a tremendous meal and good company. This is the year of the Dragon. 2012 is going to be an exciting year-count on it! I hope it is your best.  
    5 days ago
  • How to build sweat equity in Dayton (without the sweat)


    TheBrickRanch.comAuthority Authority: 92
    Dayton Ohio has been slammed with foreclosures, and there are indications that more are on the way . We are a “ Legacy City “. We have a rich stock of beautiful historic and Mid-Century Modern homes, but as those homes age, are left vacant and fall into disrepair, the need for renovations and repairs becomes ...
    6 days ago
  • Reverse Mortgage Information: The Benefits And Disadvantages …


    Finances BlogAuthority Authority: 131
    Honest Reverse Mortgage Information: Disadvantages Every Borrower Must Consider For well-rounded reverse mortgage information, consumers must know that reverse mortgages do pose certain disadvantages. Most commonly, consumers are warned that reverse mortgage loans are expensive. Like other mortgage loans, these loans ...
    1 week ago
  • FHA Mortgagees Face Stiffer Requirements


    Mortgage-BlogAuthority 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-BlogAuthority 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
  • Types Of Property Foreclosure Support


    My Way LendingAuthority Authority: 124
    The overriding theme of several of our foreclosure articles is to provide homeowners with the most relevant solutions they’re able to use to stop foreclosure. But with such a big number of prospective choices, homeowners in foreclosure ought to think about them in larger categories of help. Thinking of these ...
    1 week ago
  • FHA Mortgage Approval With Non-Occupying Co-Borrower


    Mortgage Rates - FreeRateUpdate.comAuthority Authority: 411
    FHA mortgages go a step further in order to help consumers purchase a home of their own. Having a qualified co-borrower can make a huge difference for some borrowers when it comes to receiving FHA mortgage approval by adding strength to the most important segments of the loan file. This option is often used when a ...
    1 week ago
  • reverse loan – opposite your per month loan Payment


    Mortgages & Money BlogAuthority Authority: 449
    One of essentially the most frequent questions that we obtain while helping with reverse mortgages is, "If I alable have a loan can i still do a reverse mortgage" The consensus appears to be that most people believe the answer to this questions is no in fact however the reverse personal loan is a gadget that allows ...
    1 week ago
  • Mortgage Programs To Purchase Foreclosed Property


    NC FHA ExpertAuthority Authority: 98
    There are tons of people who know that we are at or near the bottom of the real estate market, and they are ready to purchase a home.  Many of the folks we are talking to are looking at foreclosed property, because they believe they can get the best deals.  There are some special points [...]
    1 week ago
  • FHA loan rate of interest – FHA loan mortgage Rates


    Mortgages & Money BlogAuthority Authority: 449
    At the instant FHA mortgage fees have hit its historical low. now is the chance so that you can safe an FHA mortgage interest rate so that you can paintings for your merit
    1 week ago
  • Wells Fargo unconcerned with rising FHA mortgage delinquencies


    Housing WireAuthority Authority: 664
    Top Wells Fargo (WFC: 30.11 +1.69%) executives downplayed concerns about the Federal Housing Administration despite mounting mortgage delinquencies on the banks balance sheet.Wells Fargo home loans insured by the FHA or guaranteed by Veterans Affairs began climbing in the back half of 2011. By the end of the fourth ...
    1 week ago
  • New poll: Voters open to changing the mortgage interest deduction


    HSH Associates Financial News BlogAuthority Authority: 455
    With the political season heating up, it should come as no surprise that the public is increasingly tying housing matters to the next election. What may come as a surprise is the level of opposition to the mortgage interest deduction and other traditional write-offs. A new poll from the National Association of ...
    1 week ago
  • How Much Do You Have to Put Down to Get a Mortgage?


    Hands on Home BuyerAuthority Authority: 107
    About six years ago, the answer would have been, “Nothing. What are you, a sucker?” Today, with millions of foreclosures all over the United States, lending standards are tighter. But you can still get a mortgage with very little down if you know where to look. 0% Down Mortgages How do you get a lender [...]
    1 week ago
  • Chicago Illinois Mortgage Rates Week in Review for the Week Ending 01/13/2012


    Illinois Mortgage Rates and NewsIllinois Mortgage Rates and News -Authority Authority: 89
    The big news from last week came out of – you guessed it – Europe. On Friday, Standard and Poors, the same organization that down graded the US bonds (to no real effect) announced the lowering of credit ratings for the bonds of nine European countries, including the second largest economy, France. This wasn’t ...
    1 week ago
  • Source of Tax-Free Income


    Online EarningAuthority 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 ...
    1 week ago
  • Mortgage Rates Drop @ Tricont


    Tricont BuzzAuthority Authority: 394
    Image via Wikipedia Rates Drop @ Tricont 1) – If your mortgage, credit cards, auto loans, medical bills, etc. rates are 3% or higher, visit www.tricontmortgage.com or call (803) 317-2500, or complete our 3 easy steps product matching interview and take advantage of our “Low Rates Warehouse”. Name ...
    1 week ago
  • New Condo Approval Process


    Online EarningAuthority Authority: 117
    The letter mortgage implements a new approval process of all mortgages and mortgage condo mortgage-FHA conversion. The new amendments under the 2008 Housing and Economic Recovery Act. The new approval process would be come effective October 1. Under new rules approved, all condominium projects must be approved before ...
    1 week ago

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