www.lasvegasmtg.com Report: FHA proposed changes for collections and disputes on credit reports. - 04/29/12 02:32 PM
www.lasvegasmtg.com Report: FHA proposed changes for collections and disputes on credit reports.
by John Le Francois
www.lasvegasmtg.com Report: FHA proposed changes for collections and disputes on credit reports were to take affect on April 1,2012 but has now been delayed till July 1, 2012. The proposed changes are addressing disputes, collections and judgments that show on a credit report. FHA released mortgagee letter 2012-3 refers to the following: 
Requires borrowers with collections with a combined total greater then $1,000 must be paid off including medical collections if the accounts are less then 2 years old activity date. Disputed accounts must be … (0 comments)

www.lasvegasmtg.com Report: Recent FHA changes impacting Las Vegas, NV. - 04/28/12 12:47 PM
www.lasvegasmtg.com Report: Recent FHA changes impacting Las Vegas, NV.
By John Le Francois
www.lasvegasmtg.com Report: Recent FHA changes impacting Las Vegas, NV. has caused some home buyers to scale back their purchasing power due to increases in FHA Upfront Mortgage Insurance Premium (UPFMIP) going up from 1.00% to 1.75% and the annual mortgage insurance going up from 1.10 to 1.25% with a 3.5% down for a 30 year loan. This increase was implemented for all case numbers issued after April 12th, 2012.
For the first time HUD has implemented a two tier Annual Mortgage Insurance Premium that is dependent on the loan amount, LTV and the terms … (0 comments)

www.lasvegasmtg.com Report: HARP 2.0 for Las Vegas, NV. - 04/08/12 09:30 AM
… (0 comments)

 
Johns_headshot_4x6_copy Rainmaker_large

John Le Francois NMLS #333903

Las Vegas, NV

More about me…

All Western Mortgage Broker # 14210

Address: 8345 W. Sunset Rd., Suite 380, Las Vegas, NV, 89113

Office Phone: (702) 369-0905 x 648

Cell Phone: (702) 271-2659

Email Me

Use our 20 Mortgage calculators to calculate your payments

Latest Rate Updates

Mortgage Rates © ML
Blog Directory

blogarama - the blog directory

Get this blog as a slideshow!
Powered by feedmap.net

<!-- AddThis Button BEGIN --> Bookmark and Share Web Toolbar by Wibiya Real Estate Investment & Advice Blogs - BlogCatalog Blog Directory


Listings

Links

Archives

RSS 2.0 Feed for this blog