Real estate blog entries tagged with fhasecure by 1st Metropolitan Mortgage

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fhasecure: FHASecure - Refinance Your Adjustable Rate Subprime Mortgage Charlotte, NC - 09/18/07 06:17 PM

Updated FHASecure Information from today's conference call.
Below are some bullets that I got out of todays call:
Does not matter if borrower is delinquent or notNo set number of months borrower can be in arrears on 1st and 2nd mortgageIf the borrower has a non purchase 2nd Mortgage it must be seasoned … (0 comments)

fhasecure: FHASecure Guideline Update - 09/12/07 02:58 PM

fhasecure: Question on FHA Mortgagee Letter 2007-11 - 09/05/07 02:50 PM

I must have read the letter several times. It looks to me like FHA has left the credit decision open to interpretation. Am I wrong? Can a borrower, who has a subprime mortgage that has reset, refinance under this program under the following scenario?
LTV and Debt rations are in line with guidelinespast … (5 comments)

fhasecure: FHASecure - Why has the TV News not jumped on it? - 09/02/07 08:28 AM

I am just astounded that President Bush has come out and actually gave probably the best answer to the sub-prime problem with our nation today and it has not made it to the news yet. Most people that I have spoken to heard about the FHASecure program from the Internet. It … (69 comments)

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John Popp Charlotte Home Loan and FHA Source

Charlotte, NC

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