FHA 203K LOAN FACT SHEET: The Basics On The FHA Streamline Repair Loan - 01/22/09 09:11 PM
FHA 203K LOAN FACT SHEET: The Basics On The FHA Streamline Repair Loan
In today's real estate market, the amount of foreclosure and short sale properties in the marketplace for sale has grown to a level where it cannot be ignored for new home purchasers. Often times you will even find some of these properties in very good condition. However, other times, the properties will need some work in order to bring them up to an adequate and proper status for the new buyer. For these instances there is one loan that home buyers can turn to that will actually allow them … (0 comments)

FHA 203K LOAN FACT SHEET: The Basics On The FHA Streamline Repair Loan - 01/22/09 08:56 PM
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$700 Billion TARP Funds To Now Be Used For Consumers: Second Half Of Funds Should Be Aimed At Main Street - 01/20/09 12:18 AM
Second Half Of Funds Should Be Aimed At Main Street
$700 Billion TARP Funds To Now Be Used For Consumers
With today marking the inauguration of Barack Obama, new is that his presidency will focus more on helping consumers, local governments and businesses than banks as his administration deploys the second half of the $700 billion rescue fund, said Lawrence Summers, the president- elect’s top economic adviser.
“The focus isn’t going to be on the needs of banks; it’s going to be on the needs of the economy for credit,” Summers said on CBS’s “Face the Nation” program. Obama’s team … (0 comments)

Plans to Help Aid The Mortgage and Real Estate Market: Government Aid Programs On The Forefront - 01/12/09 10:07 AM
Plans to Help Aid The Mortgage and Real Estate Market:
Government Aid Programs On The Forefront
With many new plans on the table to help stabilize the economy in 2009, there is increased momentum in Washington to allocate some of the $700 billion in TARP funds to continue to help stabilize the mortgage and real estate market as well.
In fact, Treasury Secretary nominee Timothy Geithner is working on plans to revamp the way TARP is used to make foreclosure prevention a bigger priority. Congress has made it known that it likely won't release any more TARP funds until some of … (0 comments)

New Year For Mortgage & Real Estate: Many Changes Implemented And On The Horizon - 01/06/09 09:58 AM
New Year For Mortgage & Real Estate:
Many Changes Implemented And On The Horizon
Now that the holidays are over and 2009 has finally begun, it is time to take a look at many new changes on the forefront for the mortgage and real estate marketplace. With 2008 finally in the rearview mirror, we are certain to still see greater Government intervention and changes that may make 2009 a brighter year than the last. With that being said we will begin to take a look at some of the key factors in 2009, this week we look at changes to FHA … (0 comments)

 

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