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fha modernization: Mobile Home Financing - 06/30/08 08:54 AM
For folks in the Industry who have worked for years to get rid of the term "mobile home" - I apologize... but here in North Carolina... that's what we call 'em.
At one point in the last 10 years - 40% of all housing in NC was considered to be manufactured housing.  This is a big market!
Many folks refer to "manufactured housing" as anything sitting on one of those lots on US 70 or US 64 near Sanford (or the ones in Wake Forest, or Wilmington, or Henderson, or Dunn - all over the place really).  The truth is, not … (6 comments)

fha modernization: FHA Legislation Update - 05/07/08 09:36 AM
Okay - the President said he was going to VETO the bill going through the House today - if passed on to his desk.  And so with new excitement I decided to take a peak and see what's going on with FHA Modernization Legislation
H.R. 5958 is introduced in the House today, to make the higher loan limits for Fannie, Freddie and FHA permanent (this is not the legislation the President is speaking of). There's nothing in this bill that might make it easier for brokers to do FHA loans.
H.R. 5830 is the FHA Stabilization and Homeownership Retention Act of 2008 was introduced April … (5 comments)

 
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Eleanor Thorne 919-649-5057 Cary Mortgage Loans

Cary, NC

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Steve Thorne NC Mortgage Experts

Address: 111 Corning Road, Suite 230, Cary, NC, 27518

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