fha: Indianapolis Mortgage Rules Could Ease — if the Rumors Hold! - 10/23/14 10:51 AM
The financial press has been on it for a while: in September, Bloomberg News was pointing out that FHA mortgages to borrowers with weaker credit scores had plummeted 19% in the previous nine months. Something, you could sense, was about to give—but, per Bloomberg, “Washington regulators and major banks continue to haggle…”
True, home prices were up, which put a smile on Indianapolis homeowners’ faces. Yet the number of sales was less than overpowering. In reaction to the housing bust, regulators had tightened the screws on mortgage lenders, causing them to raise requirements for borrowers—Fishers mortgage applicants included. So although the … (0 comments)

fha: Good News for Some FHA Applicants with Fishers Foreclosures - 07/07/14 12:06 AM
 
There is encouraging news for some prospective homeowners with a Fishers foreclosure in their recent past: more common sense seems to have entered the picture.
 
The financial crisis that began in 2007 caused global disarray: across the U.S. (and our town was no exception), large numbers of responsible homeowners were clobbered by the fallout, often finding their incomes suddenly reduced or even obliterated as business cutbacks and closings reverberated through the economy.
 
The Fishers foreclosure rate jumped as a direct result—and it’s taken quite a while for the effects of that to work through the system. But even … (0 comments)

 
Rodney Heard, Results that move you! (Heard Real Estate Team)

Rodney Heard

Results that move you!

Carmel, IN

More about me…

Heard Real Estate Team

Address: 8555 N. River Rd Suite 200, Indianapolis, In, 46240

Office: (317) 800-5537

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