fha lending limits: Correction on my last Blog about the One National HECM Lending Limit - 07/29/08 06:12 PM
I really goofed on my calculations in my last Blog, Breaking News! One National HECM (Reverse Mortgage) Lending Limit passed by the Senate!, and a couple of brokers pointed out my mistake (thanks, guys!).
I commented on how my client would benefit from the increase in the lending limit to $417,000.  … (2 comments)

fha lending limits: Breaking News! One National HECM (Reverse Mortgage) Lending Limit passed by the Senate! - 07/26/08 04:39 PM
Today, July 26th, the Senate passed HR 3221, Foreclosure Prevention Act of 2008, also known as the "FHA Modernization Act" and the President is expected to sign it immediately.
This bill provides for needed housing reform in general but has direct impact on the HECM (Home Equity Conversion Mortgage) specifically.
The … (13 comments)

 
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Sylvia Williams, Ed.D/CSA

Elk Grove, CA

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Watermark Capital, Inc.

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