BIG FHA CHANGES ANNOUNCED Today, FHA Commissioner David Stevens held a press conference to announce continued, fundamental procedural and future legislative program changes. Prior to formally responding to hundreds of comments received regarding the proposed changes in net worth requirements a
...
01/20/2010
PRE-APPROVAL LETTERS - Can you get or even give one in today's market? There is a lot of confusion with Lenders, Loan Officers, Home Owners, and Realtors in regards to the sweeping new Good Faith Estimate rules and how they apply to the industry. A LITTLE PRE-APPROVAL LETTER HISTORY Years ago,
...
01/16/2010
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERSMeasure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretar
...
01/15/2010
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties FHA DROPS 90 DAY WAITING PERIOD FOR FINANCING FLIPPED PROPERTIES WASHINGTON - In an effort to stabilize home values and improve condit
...
01/15/2010
Delivering Value Added Home Loan Solutions in Minnesota Since 1991 651-552-3681 During the Christmas and New Year's Holiday I got a chance to catch up with a lot of my old friends and family and of course we got to talking about the mortgage and lending industry! Yes, believe it or not, this
...
01/08/2010
This article ties in nicely with one I wrote back in August 2009. ARE YOU WORKING WITH THE RIGHT LOAN OFFICER OR MORTGAGE COMPANY? Joe Metzler is fully licensed to current requirements in both Minnesota and Wisconsin. He is a Certified Minnesota Mortgage Specialist (MMS), Certified upFront Mort
...
01/03/2010