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Fha Loans News

Dechter: Refinancing hope with Fannie Mae, Freddie Mac loans Thursday, September 9, 2010 @ 2:11AMWhen Cynthia D. was looking to refinance her condo, her Fannie Mae-held loan made her eligible for a program called Refi Plus.
Real Estate: New plan targets underwater borrowers Wednesday, September 8, 2010 @ 11:49PMWASHINGTON -- The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
Expert Advice: Know these terms before you buy a home Wednesday, September 8, 2010 @ 8:27PMMortgage guideline changes. Be sure a loan officer is monitoring how changes in mortgage guide-lines might impact your loan approval.
Upside-down mortgages get refinancing help in new Obama administration program Wednesday, September 8, 2010 @ 7:28PMWith more than half the homes in Inland Southern California worth less than their mortgages, the region could benefit from a federal refinancing program launched this week that aims to lower mortgages.
Mortgage Lending the Focus of New Obama Plans Wednesday, September 8, 2010 @ 2:15PMMortgage lending is the focus of a new plan rolled out from the Obama administration. The effort is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth. Starting Tuesday, the Federal Housing Administration will permit lenders to give these borrowers refinanced loans backed by ...
Eagle Home Mortgage can help in home-buying process Wednesday, September 8, 2010 @ 12:48PMDino Formiller, far right, stands with staff members of Eagle Home Mortgage. The company opened its office on Soundview Drive in Gig Harbor earlier this year.
Plan aims to aid homeowners Wednesday, September 8, 2010 @ 6:41AMThe Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth - also known as being "underwater.
CONSUMER FINANCE: Condo Owners Trade Lawn Mowers For Spread Sheets Wednesday, September 8, 2010 @ 6:09AMCONSUMER FINANCE: Condo Owners Trade Lawn Mowers For Spread Sheets
Government launches plan to help 'underwater' borrowers Wednesday, September 8, 2010 @ 3:26AMStarting Tuesday, the Federal Housing Administration will permit lenders to give these borrowers refinanced loans backed by the government. The lenders will be required to forgive at least 10 percent of the original mortgage amount. Investors who have control over the mortgages as part of their large portfolios will select which borrowers are invited to participate.
Infrastructure boost will not end jobs drought Wednesday, September 8, 2010 @ 2:42AMWith congressional Democrats in the United States facing a November shellacking, President Barack Obama is floating new programs to aid troubled homeowners and create jobs that will prove costly and ineffective.
How low will mortgage rates go? Saturday, September 4, 2010 @ 11:14PMLow mortgage rates have fueled a wave of refinancing by borrowers.
FHA Loans Prove To Be Vital Tool In Boosting Housing Market Saturday, September 4, 2010 @ 2:11PMFHA lending is helping to charge up the buying market.
2010 Market Facts Saturday, September 4, 2010 @ 5:01AMValue is what's selling in the current housing market, according to members of Northwest Multiple Listing Service.
Fannie Mae has loan terms that are hard to beat Friday, September 3, 2010 @ 10:14PMWASHINGTON — If you fit the profile, typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house, a little publicized national lending program could be just what you need this fall.
Housing: Fannie Mae 's easier path to owning a home Friday, September 3, 2010 @ 6:10PMWASHINGTON -
Prices of sold homes continue to climb in west Bellevue Friday, September 3, 2010 @ 3:43PMThe prices of closed sales of single family homes continued to climb in west Bellevue in August over July while dipping a bit in east Bellevue, according to numbers released by the Northwest Multiple Listing Service.
Mortgages and Refinancing Friday, September 3, 2010 @ 12:55PMMortgage rates have dropped 10 times in the past eleven weeks. Nationwide mortgage buyer Freddie Mac reports both 30-year and 15-year loans are at their lowest in decades.
Sponsored By: Friday, September 3, 2010 @ 7:14AMNOTICE OF PUBLIC HEARING BOARD OF ADJUSTMENT CITY OF FERNANDINA BEACH A Quasi-Judicial, Public Hearing will be held by the Board of Adjustment on Wednesday, September 15, 2010 at 5:30 PM in the City Commission Chambers, 204 Ash Street, Fernandina Beach, Florida to consider the following applications: VARIANCE THOMAS GRAHAM & CORAL HADLER, 00-00-31-1520-0008-0011, LOCATED AT THE CORNER OF SOUTH ...
U.S. housing double-dip threatens banks Friday, September 3, 2010 @ 4:32AMComment: If banks do require another rescue the political consensus to do it quickly and effectively will not be there
Fannie Mae program designed to sell foreclosures Friday, September 3, 2010 @ 2:02AMBy Kenneth R. Harney, Special to the Times Wednesday, September 1, 2010 Fannie Mae program aims to help move backlog of foreclosures WASHINGTON — If you fit the profile — typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house — a little-publicized national lending program could be just what you need this fall. Here's what it offers: • Minimal ...
Newfields may helps residents fund energy improvements Thursday, September 2, 2010 @ 11:20PMNEWFIELDS — In the near future, Newfields residents may be able to fund energy improvements to their homes by "borrowing" money from the town, money they then pay back through their tax bills.
Where the sales are: Local home market still thriving Thursday, September 2, 2010 @ 10:59PMNews of a recent 27 percent drop in housing sales in July has captured headlines across the country and painted a gloomy outlook for the nation's economic recovery, but the news is not all doom and gloom for every part of the country.
Governments, community groups to get first crack at foreclosed homes Wednesday, September 1, 2010 @ 3:47PMGovernments, community groups to get first crack at foreclosed homes
FHA Gives Home Buyers One Month Window to Lock in Low Insurance Premium Wednesday, September 1, 2010 @ 1:38PMRISMEDIA, September 2, 2010—“The Federal Housing Administration (FHA) is giving homeowners and buyers until October 4, 2010 to lock in a low monthly insurance premium,” said Gibran Nicholas, chairman of the CMPS Institute, an organization that trains and certifies…
First Person: New Obama Housing Plan May Help First-Time Home Buyers Wednesday, September 1, 2010 @ 12:30PMWith existing home sales plummeting to low levels not seen in over a decade, the White House is preparing a new housing plan that could help bring new life to the crumbling housing market. According to CNN, Shaun Donovan, the Secretary of Housing and Urban Development, says that in the "coming weeks" an FHA refinancing plan will help homeowners who are behind on their mortgage to obtain more ...
Tips for First-Time Home Buyers Wednesday, September 1, 2010 @ 12:23PMSome new programs are making things easier for first-time home buyers. Here's a guide.
Local agent: More housing help is coming Wednesday, September 1, 2010 @ 8:15AMWith DataQuick stats showing Laguna Beach home sales down 28% over this time last year, things don't look too good as far as the housing market goes. Laguna Beach real estate agent Hillary Caston has some reassurance, though, in her latest article....
RiskSpan, Inc. Hires Bank of America Default Executive Wednesday, September 1, 2010 @ 7:36AMRiskSpan, Inc. announced today that it hired Allen H. Jones as Managing Director of its Federal Services Consulting practice in Washington, DC.Â Jones most recently served as Bank of America's Government Lending Executive where he managed the transition and integration of Countrywide under the BOA umbrella. Â He was subsequently named BOA's executive for Default Management Public Policy and ...
International Forecaster September 2010 (#1) - Gold, Silver, Economy + More Wednesday, September 1, 2010 @ 7:29AMThe following are some snippets from the most recent issue of the International Forecaster. For the full 33 page issue, please see subscription information below.
Where the sales are Wednesday, September 1, 2010 @ 6:51AMNews of a recent 27 percent drop in housing sales in July has captured headlines across the country and painted a gloomy outlook for the nation's economic recovery, but the news is not all doom and gloom for every part of the country.
Delinquencies and Foreclosure Starts Decrease in Latest MBA National Delinquency Survey Tuesday, August 31, 2010 @ 1:23PMRISMEDIA, September 1, 2010—The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85% of all loans outstanding as of the end of the second quarter of 2010, a decrease of 21 basis…
Special Interest Groups Seek to Thwart Private Transfer Fee Funding Tuesday, August 31, 2010 @ 1:10PM-
Government steps up help for troubled homeowners Monday, August 30, 2010 @ 8:04PMThe government is stepping up its efforts to help borrowers with underwater mortgages and protect consumers from overreaching lenders.
A Detailed Analysis At Projected Home Prices: A Look At Underlying Supply And Demand Forces Monday, August 30, 2010 @ 2:15PMAs everyone who has taken Introduction to Voodoo Bullshit, better known Econ 101, can attest the following chart is basically as ugly as it gets: in simple terms when you have a collapsing demand curve coupled with a surge in supply, the bottom line is that no matter how much intervention is involved, nothing can help to restore the pricing equilibrium to its old level (at least not for a long ...
David Miller Properties Up for Foreclosure Sale Monday, August 30, 2010 @ 1:46PMAn automatic stay has been lifted in the bankruptcy case of developer David Miller, allowing BancorpSouth Bank to sell three lots in a foreclosure sal...
Vantage Pointe gives back deposits Monday, August 30, 2010 @ 12:30PMDeveloper of downtown's largest condo highrise is unable to meet requirements for closing escrows and is returning deposits to buyers.
Guy Glisson Joins HomeBanc as Mortgage Loan Officer Monday, August 30, 2010 @ 12:27PMTAMPA, FL -- (August 30, 2010) - Tampa-based HomeBancorp, Inc. has named Guy Glisson as Mortgage Loa...
Guy Glisson Joins HomeBanc as Mortgage Loan Officer Monday, August 30, 2010 @ 12:07PMTAMPA, FL--(Marketwire - August 30, 2010) - Tampa-based HomeBancorp, Inc. has named Guy Glisson as Mortgage Loan Officer for HomeBanc. He is based in HomeBanc's Brandon office, located at 659 West Lumsden Road.
Guy Glisson Joins HomeBanc as Mortgage Loan Officer Monday, August 30, 2010 @ 11:55AMTAMPA, FL--(Marketwire - 08/30/10) - Tampa-based HomeBancorp, Inc. has named Guy Glisson as Mortgage Loan Officer for HomeBanc. He is based in HomeBanc's Brandon office, located at 659 West Lumsden Road. Mr. Glisson brings to HomeBanc 19 years of mortgage banking experience. He has a Master's degree from the University of West Florida and a Bachelor's degree from Florida State University. Mr ...
Wholesale Market Entered by Fairway Independent Mortgage Monday, August 30, 2010 @ 6:43AMFairway Independent Mortgage Corporation, one of the country's largest mortgage bankers, announced it is entering the wholesale market with select banks, credit unions and brokers. Â The company will build a national wholesale platform by leveraging its expertise in FHA, agency and USDA lending and the seasoned management and staff it has assembled. Â
Business Watch Monday, August 30, 2010 @ 3:12AMWashington -- The Obama administration's top housing official says several new programs are in the works to help try to revive the housing market. Housing and Urban Development Secretary Shaun Donovan said in an interview aired Sunday that his department in the coming weeks will roll out an FHA refinancing program to help borrowers whose mortgages exceed the market value of their homes. He also ...
Lincoln Property Gets $33M Loan for 406-Unit Berkeley Monday, August 30, 2010 @ 3:03AMFORT WORTH-Lincoln Property Co. has obtained a $32.75 million mortgage for The Berkeley, a 406-unit, class A apartment property here. The complex, located in the Berkeley neighborhood, is owned by the Dallas-based developer and a multifamily development fund operated by Sarofim Realty Advisors.
International Forecaster August 2010 (#8) - Gold, Silver, Economy + More Sunday, August 29, 2010 @ 8:30PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 38 page issue, please see subscription information below.
Classified ads Thursday, August 26, 2010 @ 12:24AMADVERTISING
Foundation Financial Group Expands Mortgage Services into the State of Maine Wednesday, August 25, 2010 @ 10:35AMPORTLAND, Maine--(BUSINESS WIRE)--Foundation Financial Group expands, is now licensed to offer mortgage services in Maine. The company enjoys an industry-leading FHA compare ratio and an A+ Better Business Bureau rating.
Thomas Welsh Joins HomeBanc as Director of Finance Wednesday, August 25, 2010 @ 10:27AMTAMPA, FL -- (August 25, 2010) - Tampa-based HomeBancorp, Inc. has named Thomas Welsh as Director of...
Thomas Welsh Joins HomeBanc as Director of Finance Wednesday, August 25, 2010 @ 9:36AMTAMPA, FL--(Marketwire - August 25, 2010) - Tampa-based HomeBancorp, Inc. has named Thomas Welsh as Director of Finance for HomeBanc. He is based in HomeBancorp's Tampa headquarters, located at 101 E. Kennedy Boulevard, Suite 4100.
Thomas Welsh Joins HomeBanc as Director of Finance Wednesday, August 25, 2010 @ 9:28AMTAMPA, FL--(Marketwire - 08/25/10) - Tampa-based HomeBancorp, Inc. has named Thomas Welsh as Director of Finance for HomeBanc. He is based in HomeBancorp's Tampa headquarters, located at 101 E. Kennedy Boulevard, Suite 4100. Mr. Welsh brings to HomeBanc several years of experience. He is a Certified Public Accountant and has a Master of Science degree in Accountancy from the University of Notre ...
Embrace Home Loans, Fairfax Branch Moves To New Location Wednesday, August 25, 2010 @ 5:00AMNEWPORT, R.I.----Embrace Home Loans, a prominent leader in the mortgage industry and a direct lender for Fannie Mae and Freddie Mac, approved by FHA and VA, and an issuer for Ginnie Mae, announced today its Fairfax, Va. branch is relocating to a new building located at 10306 Eaton Pl Suite 100 Fairfax, VA to accommodate current and future growth.
Mortgage brokers are becoming a vanishing breed Tuesday, August 24, 2010 @ 1:34PMKen Blaudow has felt the pain of the housing finance industry turmoil. The owner of Indy Mortgage in Indianapolis had 85 employees originating home loans in 2003. Now he has three and is about to give up his leased office in Castleton and move his company into two bedrooms of his house.