fha: NAMB FHA/HUD Webinar
- 11/30/09 01:51 AM
Title: "NAMB / HUD Webinar"Link: http://www.slideshare.net/markmadsen/namb-hud-webinar-2580892 You do not want to miss this one! … (1 comments)
fha: NAMB WEBINAR-TUESDAY Dec 1st!!!
- 11/25/09 02:24 AM
Dear NAMB Member: Please join HUD and NAMB this Tuesday for a webinar entitled "FHA/HUD - What Originators Need to Know about RESPA, FHA Broker Approval and Appraisal Reform" on Tuesday, December 1 at 2:00pm ET (1:00pm CT, 12:00pm MT, 11:00am PT). Tune in, send questions and find out what to expect in 2010! NAMB is hosting this webinar to provide originators with the most critical information regarding impending RESPA, appraisal and FHA Broker (mini-eagle) approval reforms. Our knowledgeable panelists are excited to share the most up-to-date information with you. Register here. Below is an overview of what will be covered during the webinar: Panelists: Ms. … (0 comments)
fha: NAMB Lesiglative Update
- 09/21/09 03:17 AM
TO: All NAMB MembersFROM: NAMB Government AffairsDear NAMB Members:On September 18, 2009 the Department of Housing and Urban Development (HUD) released Mortgagee Letters 09-28, 09-29, 09-30. These mortgagee letters contain provisions similar to those seen in the Home Valuation Code of Conduct (HVCC). Mortgagee Letter 09-28 prohibits "FHA-approved lenders... from accepting appraisals prepared by FHA Roster appraisers who are selected, retained or compensated in any manner by a mortgage broker or any member of a lender's staff who is compensated on a commission basis tied to the successful completion of a loan." Mortgagee Letter 09-29 states, "In cases where a borrower … (0 comments)
fha: NAMB NEWS
- 08/25/09 03:28 AM
NAMB officials met with FHA Commissioner to discuss mortgage broker participation in FHA. View the press release here http://ow.ly/lbV0 … (2 comments)
fha: Today is a new day
- 08/13/09 09:11 AM
Since I have not posted a blog in a week I thought we could just catch up. Mortgage land is ever changing. Rural Housing's underwriting system GUS has been DOWN for three days. To compound that issue, the local RD office is on a 15 to 20 day turntime, IF THEY EVER GET GUS back up and running. I have said prayers for the RD folks, cause they really need them. This is greatly affecting my underwriting turn times. How about I have a friend who's last RD loan took three and a half months to close! Moving on, HVCC has tripped … (0 comments)
fha: Irritated at Lender ADD ON guidelines
- 07/30/09 11:45 AM
Tonight I am just venting on an issue near and dear to my heart today. LENDER ADD ON guidelines above and beyond the standard FHA, VA, FNMA, FHLMC and RD guidelines. OK, the Government wants us to be able to make mortgage loans using THEIR guidelines. AND the Lenders want to make the loans, BUT because the loans are being scrutinized prior to purchase THEY in turn are scrutinizing OUR loans with additional CRAP that is just down right CRAZY! I have been on BOTH sides of this fence so I am usually more understanding than most. BUT today I was … (4 comments)
Title: "NAMB / HUD Webinar"Link: http://www.slideshare.net/markmadsen/namb-hud-webinar-2580892
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