Tag Archives: HERA
A New FHA Refinance Program for Struggling Home Owners
Last Friday, HUD announced a new program designed to help home owners who have seen a drop in their home’s value. We do not have all the details yet, but here is a quick summary of what was announced: 1. Existing lender must be willing to write down/reduce the loan’s principle balance by at least [...]
- April 1, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Uncommon Useful Knowledge, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / 2 Comments.
A Working Government Program for Home Owners
Over the last couple of years, the government has made many attempts at trying to help home owners keep there homes. Many of these attempts have been disappointments at best or all out failures at their worst. There are a couple of programs though that are working to help home owners lower their mortgage payments, [...]
- March 3, 2010
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry, Understanding Your Mortgage
- / Posted By Mortgage Master Luke
- / 9 Comments.
Fewer Rules, More Common Sense 2
If you read last month’s news letter, you might notice that the “Advice from the Mortgage Masters” article is very similar this month. This was done intentionally because the message still rings true with this months mortgage update. HVCC and HERA are both examples of good intentions gone bad. One of the biggest problems facing [...]
- September 24, 2009
- / Category Know Your Mortgage, Mortgage Industry, News, Real Estate Industry
- / Posted By The Kunselman Team
- / No Comments.
On Your Marks, Get Set…Wait!
Anybody that has tried to get anything done with their mortgage recently understands that things have been moving a little slow. Well good news, the politicians in all their infinite wisdom decided that you the consumer need EVEN MORE TIME to make a proper decision about your mortgage. The fact that on average a mortgage [...]
- / Category Mortgage Industry, News, Real Estate Industry
- / Posted By The Kunselman Team
- / No Comments.
Fewer Rules, More Common Sense
The HVCC as mentioned above is just another example of good intentions gone bad. One of the biggest problems facing our country right now is the flood of new laws being put into place. Because of the state of the economy and incorrect opinions about what got us to this place, many politicians are creating [...]
- / Category Mortgage Industry, News, Real Estate Industry, Uncommon Useful Knowledge
- / Posted By The Kunselman Team
- / 1 Comment.




