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mortgage fraud: FHA / HUD sets standards for Mortgagee Monitoring - 04/09/09 01:43 PM

For many that don’t know, FHA was created by the National Housing Act of 1934. What people need to understand is that FHA doesn’t make the loans, but that they insure the mortgages for the lenders sake.  The investors/lenders are the entities that make loans to borrowers. HUD, which stands for U.S. Department of Housing and Urban Development, is a government agency that was started in 1965 to help homeowners achieve that American Dream. They help borrowers with HUD approved programs, approves lenders to be FHA approved, and helps borrowers utilize the programs and guidelines set forth for FHA loans. Again, FHA is does … (32 comments)

mortgage fraud: Mortgage Call to Action -- What do you stand for?? - 02/07/08 09:03 PM

Have you been locked up in your house per se, because the lender forced you into your current mortgage situation?  Did they change the rate, or the terms, or the fees on you last minute? Where you scared, because you didn't know what to do, especially since it was last minute, at the closing table? Hence you signed the documents anyhow?  It happens and if it happened to you, who are we to blame?
Well, I read two different blogs in the last 24 hours talking about changes and what has has happened to many consumers. One of the blogs finally … (21 comments)

 
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Jeff Belonger-The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Cherry Hill, NJ

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Address: Cherry Hill New Jersey 08034 08002 08003, Haddon Heights New Jersey 08035, Haddonfield, NJ, 08033

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I just want to educate people about mortgages and the process. In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.







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