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fha secure mortgage: FHA to implement new FHA SECURE Refinancing Project - 09/11/07 12:07 AM
From   http://www.fha.gov/press/2007-08-31release.cfmBUSH ADMINISTRATION TO HELP NEARLY ONE-QUARTER OF A MILLION HOMEOWNERS REFINANCE, KEEP THEIR HOMESFHA to implement new "FHASecure" refinancing product  
WASHINGTON - President George W. Bush today announced that HUD's Federal Housing Administration (FHA) will help an estimated 240,000 families avoid foreclosure by enhancing its refinancing program effective immediately. Under the new FHASecure plan, FHA will allow families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default-to qualify for refinancing.
In addition, FHA will implement risk-based premiums that match the borrower's credit profile with the insurance premium they pay-i.e., riskier borrowers pay … (2 comments)

 
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David Mordue - Wells Fargo - Kennewick (509) 736-2618

Kennewick, WA

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Wells Fargo Home Mortgage - New Construction Specialist

Address: 3311 West Clearwater Avenue , B 100, Kennewick, WA, 99336

Office Phone: (509) 736-2618

Cell Phone: (509) 572-0169

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