ARCHIVED BLOG POSTS
2011
Reminder: Changes to HARP Program Announced See If You Can Benefit Just a note to remind you that in October, President Obama announced plans to open up refinancing to more homeowners who are underwater. This proposal was a revision to the current Home Affordable Refinance Program (HARP). So what...
11/23/2011
Follow Me On: www.christianpenner.com 4th Quarter Mortgage NewsIt's a Small World After All Christian Penner License: NMLS#368289Area ManagerMortgage BankerPhone: 561-373-0987Fax: 561-935-4142Christian@ChristianPenner.com These days, that sentiment is ...
11/21/2011
11/18/2011
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Building Permits Surge Building permits rose to 653,000 in October. A 10.9% increase from September and 17.7% higher than October 2010. This is the largest number of permits for 2011 and represents the most since March 2010. The building permits report is used as a guide to gauge future signs of ...
11/17/2011
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U.S. Congress moves to raise FHA loan limits Republicans and Democrats in the U.S. Congress on Monday agreed on a measure that would increase the maximum size of mortgage loans that can be insured by the Federal Housing Administration, a key funding source for U.S. home loans. The measure to rai...
11/17/2011
Categories in this update: November 15, 2011 To support the recently announced Home Affordable Refinance Program (HARP) enhancements, Freddie Mac Single-Family Seller/Servicer Guide (Guide) Bulletin 2011-22 provides you with revised requirements for Freddie Mac Relief Refinance MortgagesSM — S...
11/15/2011
Great News for Underwater HomeownersChanges to HARP Program Announced You may have heard that President Obama plans to open up refinancing to more homeowners who are underwater. If you are wondering what this means...and if you can benefit...here are some facts to consider. First, it's important ...
11/04/2011