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fha: Stevens to depart FHA for MBA pastures. - 03/15/11 07:34 PM

In the past I have written favorably about FHA Commissioner David Stevens. I even got a comment on one blog from Stevens thanking me for my post. I've attended several talks by Stevens, a couple webinars and phone chats, etc. I like Dave - think he's done a good job keeping the FHA out of bail-out territory, adjusting some  policies - like the 90 day flip rule, etc. 
Well, the end of this month what will be a big loss for the FHA will become a big gain for the Mortgage Bankers Association when David Stevens leaves the former for … (0 comments)

fha: FHA Answers your HVCC Questions. Don't bother us! - 04/20/10 01:33 PM
I had a good laugh this morning listening to the boys over at TBWS (Think Big, Work Small). If you don't listen to these guys you're missing a chunk of good real estate information because I can't cover it all.
So after to listening to FHA Commissioner Dave Stevens yesterday and agreeing/disagreeing with what he had to report (FHA's Dave Stevens Talks. WE created the mess. THEY'll clean it up. Oboy), the TBWS rant this morning was entitle 'FHA - The Toothless Dog?' Now Brian & Frank have been known to embellish a bit sometimes in the interest of entertaining … (0 comments)

fha: FHA's Dave Stevens Talks. WE created the mess. THEY'll fix it. Oboy. - 04/19/10 06:47 PM
This morning we were treated to an hour long conference call with FHA Commissioner Dave Stevens, courtesy of NAR. Long-time readers know I'm a fan of Stevens, even got a nice comment from him on a blog I wrote last fall following his address at NAR. I think it's a good thing to have somebody in his position who actually knows real estate, knows what it takes to sell a house, get a mortgage, work a short sale, etc. As introduced this morning, they said it's 'refreshing to have someone who knows our industry.' I concur.
Stevens started his talk saying … (5 comments)

fha: Fannie Mae lanuches 'First Look' Program - Might Actually Help Buyers? - 11/27/09 02:36 PM
On November 24 Fannie Mae launched their 'First Look' program which, if applied as intended, could prove to be a real value to frustrated homebuyers in many areas. Prospective homebuyers in our area have suffered through much of this year seeing offer after offer go begging as homes are sold to investors with cash. Adding to that frustration, many times the accepted offers net the seller (bank) less than their offer would have but cash has been king.
As encouraging as this program sounds, it will remain to be seen what impact it has on the market. If Fannie operates in good … (6 comments)

fha: At the NAR. No More 2nd Appraisals for FHA! Comm. Stevens Speaks out. - 11/14/09 06:37 PM
Lots of good events going on at NAR. I'll let you know what we did at the Land Use, Property Rights and Environment Committee yesterday and comment on our Government Affairs Directors meeting this morning as well as the very entertinaing and enlightening Legislative Forum featuring Bill Press and Mike Murphy. But today at noon we spent 'An Hour with the FHA Commissioner'. 
It's amazing the difference it makes when you have somebody in a position of authority who actually knows what they're doing as opposed to putting a bunch of bureaucrats and political hacks in charge. Commissioner and Under-Secretary of … (0 comments)

fha: How to Buy a Bank Owned Home - Funny Stuff - 10/13/09 01:10 PM
This would be even funnier if it wasn't so painfully true. … (14 comments)

fha: FHA 90 Day Anti-Flipping Rule Under Attack - 10/12/09 09:13 PM
In addition to the Action Items summarized in the previous article, CAR Legislative Agenda Shapes Up, there was another Action Item that came before the 526th Board of Directors session on October 10, that being a motion from the Real Estate Finance Committee. 
By way of background, here's a brief primer on how things happen at our state association level. Any member can bring forward an issue through their local association representatives for consideration at the state level. The matter is brought into the committee structure so that a decision can be made on whether the matter is appropriate, whether the impact … (31 comments)

fha: NAR's Four Point Housing Stimulus Plan - 11/10/08 03:35 PM
11-10 BOD & stimulus plan In my ongoing effort to bring you more from the business side of the 2008 NAR Conference & Expo,  today was the Board of Directors Meeting. It was an epic event spanning more than four hours in spite of the fact that there were no items of controversy on the agenda. I'll write another post on the meeting in general as there were some interesting announcement but the item that generated the most discussion today was NAR's Four Point Housing Stimulus Plan. In an effort to be more inclusive of commercial Realtors, there were proposed amendments … (4 comments)

fha: Temecula Homes For First Time Buyers. Great Prices - Great Programs. - 09/04/08 01:06 AM
9-3 mur 200- TEMECULA CALIFORNIA  - FIRST TIME HOME BUYERS ARE WINNING! IT'S TIME TO BUY A HOME ! 
RED HAWK  *  PALOMA DEL SOL  *  PASEO DEL SOL  *  CROWN HILL  *  BRIDALVALE
SouthwestCaliforniaHomes.com CAN HELP 
ATTENTION:   Temecula, California homes priced for First Time Home Buyers under $175,000!

HELPFUL PROGRAMS THAT SouthwestCaliforniaHomes.com  FOUND FOR FIRST TIME HOME BUYERS in Temecula. (Don't all apply to 1 single home)   CITY OF TEMECULA AFFORDABLE HOUSING GRANT   $7,500 TAX CREDIT!     FREE HOME WARRANTY!    BROKER REBATE!    FREE HOME INSPECTION!    FREE APPRAISAL!   TEMPORARY INCREASE IN VA LOAN LIMIT!   HIGHER FHA LOAN … (2 comments)

fha: Murrieta Condos For First Time Buyers. Great Prices - Great Programs. - 09/03/08 08:16 PM
9-3 murrieta condos 120- MURRIETA CALIFORNIA  - FIRST TIME CONDO BUYERS ARE WINNING! IT'S TIME TO BUY A CONDO ! 
CALIFORNIA OAKS  *  ALTA MURRIETA  *  MADISON PARK  *  ARBORETUM  *  OLD TOWN MURRIETA
SouthwestCaliforniaHomes.com CAN HELP 
ATTENTION:   Murrieta, California condos priced for First Time Home Buyers under $120,000! Way cheaper than rent!

HELPFUL PROGRAMS THAT SouthwestCaliforniaHomes.com  FOUND FOR FIRST TIME HOME BUYERS in Murrieta. (Don't all apply to 1 single home)   CITY OF MURRIETA AFFORDABLE HOUSING GRANT   $7,500 TAX CREDIT!     FREE HOME WARRANTY!    BROKER REBATE!    FREE HOME INSPECTION!    FREE APPRAISAL!   TEMPORARY INCREASE IN VA LOAN … (2 comments)

fha: Murrieta Homes For First Time Buyers. Great Prices - Great Programs. - 09/03/08 07:44 PM
9-3 murr 170- MURRIETA CALIFORNIA  - FIRST TIME HOME BUYERS ARE WINNING! IT'S TIME TO BUY A HOME ! 
CALIFORNIA OAKS  *  ALTA MURRIETA  *  RANCHO BELLA VISTA  *  MAPLETON  *  OLD TOWN MURRIETA
SouthwestCaliforniaHomes.com CAN HELP 
ATTENTION:   Murrieta, California homes priced for First Time Home Buyers under $170,000!

HELPFUL PROGRAMS THAT SouthwestCaliforniaHomes.com  FOUND FOR FIRST TIME HOME BUYERS in Murrieta. (Don't all apply to 1 single home)   CITY OF MURRIETA AFFORDABLE HOUSING GRANT   $7,500 TAX CREDIT!     FREE HOME WARRANTY!    BROKER REBATE!    FREE HOME INSPECTION!    FREE APPRAISAL!   TEMPORARY INCREASE IN VA LOAN LIMIT!   HIGHER FHA LOAN … (0 comments)