David's Blog

FHA has sent a notice to the Federal Register regarding the moratorium on risk-based pricing on upfront mortgage insurance. You may view it here. Although we already knew about this moratorium when the Housing and Economic Recovery Act (HR 3221) was signed into law on July 30, 2008, FHA is finall...

With so many changes in the mortgage industry (sometimes on a weekly basis), it may seem difficult to stay on top of the latest guidelines. To give you an update on the current "No-Down" options, here is a list of the main options available: House America Program, My Community Program, or Flexibl...