Real estate blog entries tagged with fha secure by Illinois Financial Advisor Greg Zaccagni (Farmers Insurance)

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Home : Blogs : Illinois Financial Advisor Greg Zaccagni : Greg 's Blog : Tag "fha secure"

fha secure: Government approves Bail out for Subprime ARM morgage holders with FHA Secure - 09/21/07 09:57 PM

Looks like relief has arrived for many subprime ARM mortgage holders! Here are some details and remember FHA remains a full doc loan program. See my seperate blog on FHA lending guidelines.
Greg Zaccagni @ http://www.mortgageadvisor.info
September 5, 2007
SUBJECT: The FHASecure Initiative and Guidance on Appraisal Practices in Declining Markets
The Federal Housing Administration is pleased to announce an initiative that will enable homeowners to refinance various types of adjustable rate mortgages (ARMs) that have recently "reset." This mortgagee letter describes how lenders and homeowners may refinance mortgages that, due to the increased mortgage payment following the reset, … (3 comments)

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Illinois Financial Advisor Greg Zaccagni

Wheaton, IL

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Farmers Insurance

Address: Dupage, Kane, Cook County etc.., Wheaton, IL, 60189

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