Tag Archives: FHA

Careful of Your FHA Advertising – HUD is Cracking Down

HUD Cracking down! New US home sales hit a 4-month high. Housing debt beginning to decline.  Need help deciding if you qualify for a mortgage modification?  Check out www.CheckMyNPV.com, they can provide some guidance.  $100 down payment on FHA foreclosures.  Troubled banks hit an 18 year high, 888 of them. Download as PDF

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Gov’t Looks to Increase FHA Down Payment.

The geniuses at HUD are looking to both decrease the FHA loan limits and Increase the minimum down payment requirement.  Is this a wise idea to start poking holes in the life raft of the housing market?  Currently Fannie Mae and Freddie Mac mortgage bonds are out performing treasuries.  Is this a good or bad [...]

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Zillow Raising Cash to Capture Your Clients

April 26, 2011 – Zillow looking to raise money for an IPO. Why? Well because their losing money and to further their efforts to capture your clients before they get to you so they can sell them to you as leads. New home sales are up a bit… which is always nice. We know you’re [...]

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NAR Fights Dangerous New QRM Rule

FHA Market share sliding, but why?  Adjusting underwriting guidelines would be a major step in the right direction when it comes to our recovery.  NAR steps up to fight the dangerous QRM rule that’s coming down the pipe soon.  Catch all of your real estate news and mortgage news with Frank Garay and Brian Stevens [...]

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Loan Officer Compensation Stay Update

The Federal Reserve will provide up to a 20 page response to the stay granted by the appellate court on Friday. Tomorrow NAMB and NAIHP will be about to respond with up to a 10 page rebuttal. Special shout out to the Chino Valley Real Estate Professionals. Spring is here – What does that mean [...]

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