LIP SERVICE - WILL FHA CHANGES PUT BUYERS AT MORE RISK? - 07/20/10 10:10 PM
On July 15th, FHA released the latest policy change proposal to their loan program geared toward boosting their capital reserve by, allegedly, minimizing risk.  According to FHA, default risk is compounded when low down payments are combined with low credit scores, high debt to income ratios and low or zero cash reserves.  I am awed by their superior powers of deductive reasoning.
 While I completely agree that rational lending guidelines are necessary, the benefit of the three proposed changes appear to me to be questionable at best.  Two of the three proposals merely give lip service to the idea of risk … (9 comments)

SOLD!!! Remodeled Windham NH Ranch - 07/17/10 06:43 PM
Low or No Money Down on This Remodeled Windham Ranch … (0 comments)

SOLD!!! Charming Ranch in Commuter Friendly Pelham, New Hampshire - 07/16/10 11:33 PM
78 Nashua Rd, Pelham, NH 03076 … (0 comments)

 
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Joy Baker~So NH RE & Short Sale Specialist

Salem, NH

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RE/MAX Insight

Address: 254 North Broadway, Suite 201, Salem, NH, 03079

Office Phone: (603) 952-4655

Cell Phone: (603) 490-5344

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