ARCHIVED BLOG POSTS
2012
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USDA update. Impac will continue to generate USDA purchase business in all of the existing approved counties for now. Congress has also agreed to give at least 30 days notice if there are any changes to the eligible areas. Call me if you have a USDA loan. We are moving forward.
09/19/2012
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Date: September 10, 2012 Subject: Guarantee Fee Increase Effective September 11, 2012 Fannie Mae and Freddie Mac have been directed by The Federal Housing Finance Agency (FHFA) to raise guarantee fees (g-fees) by an average of 10 basis points. This means that Fannie Mae and Freddie Mac pricing w...
09/11/2012
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To protect the applicant’s ability to finance a home that is located in a community that may become ineligible on October 1st, the complete file (with appraisal) must be received by the appropriate USDA Rural Development Office on or before September 28th, the last business day of Fiscal Year 201...
09/06/2012