San Jose, Bay Area and California Mortgage Blog

FHA recently tightened the credit standards for it's Streamline Refinancing Program for San Jose and rest of the Bay Area. So if you currently have an FHA loan and want to refinance into another FHA loan, you will be subjected to new parameters starting January 1, 2010. Below are the highlights ...

It's finally happening. When I received the mortgagee letter yesterday from HUD, I must say I was stunned. Only few weeks back FHA commissioner had mentioned that he had no intention of implementing HVCC for FHA insured mortgages. But of all the changes that were announced to tighten the credit ...

Federal Housing Administration (FHA), which insures lenders against losses on home mortgages, announced a series of changes that will have far-reaching impact on the housing market of San Jose, the entire San Francisco Bay Area and rest of the country. Background - The agency confirmed that, as ...