Michael Schindler's (moneystuff) Blog

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Mortgage and Lending - Your IRA guy!

ARCHIVED BLOG POSTS

2008 

Going away OCTOBER 1st....... I think it's going away this time-which will deal yet another blow to people who can't afford a down payment (especially minority lending).  If FHA comes out with a 100% loan, it may be fine but, in this environment I think bringing out this kind of product now may b...
07/28/2008
 267 Imploded* Lenders since late 2006: 267. Wachovia Mortgage, FSB - Wholesale266. Lehman Brothers SBF265. IndyMac Bancorp264. Mortgages Ltd.263. Wilmington Finance - Wholesale262. Accredited Home Lenders, Home Funds Direct261. Assured Lending Corp. - Wholesale260. Homewide Lending Corporation25...
07/24/2008
URGENT. Voice Your Support for Downpayment Assistance!  (We just received this from Nehemiah) Downpayment Assistance Programs in Danger of Elimination!The Department of Housing and Urban Development (HUD) has re-issued a proposed rule that would eliminate all private downpayment assistance progra...
07/10/2008
Rainer
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