We have a shot, after many years of begging, to make some real advances in FHA REFORM, but we'll need the Senate and President's help.  HR 1852 is currently sitting in the Senate Banking Committee, and according to my Senator ( Ms. Libby Dole who is on the committee) it might not come out before Thanksgiving!  Why would Congress hold up a bill that will increase the loan limits to 125% of the median sales price?  Why would they hold up a bill that would do away with the "nasty" audit, and the net worth requirements (meaning almost every broker could sell FHA loans?)... Well... apparently the PMI companies are lobbying against it.

The Banking Commission - and others need to know that this is legislation that we NEED in our toolbox!  Contact your Senator and urge them to vote YES to this bill!!  AND SOON!!!