mortgages: The U.S. Senate Passes FHA Modernization Bill S. 2338 - 12/17/07 07:12 AM
 
I just got word from the National Association of REALTORS Action Center that the Senate has passed the FHA Modernization Bill. They have been working on this for some time now and the next step is to go to a conference committee where they can reconciled the two versions passed, one by the US House of Representatives and the new bill passed by the Senate.
I am hoping we get them to increase the loan limits to the conforming limit now of $417,000.  They are also looking into modifying the downpayment amounts to make it easier for borrowers to qualify for these loans.  The … (8 comments)

mortgages: Wow, I Am Getting National Exposure & Leads Because of Active Rain! - 11/03/07 03:02 PM
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I have just within the last couple of months started to use the Active Rain Real Estate Community and it has proved to be a great source of help in many ways.  It has enabled me to meet real estate professionals all throughout the United States and Canada.  It has been fun communicating and learning from each other.  It is a great community to be a part of and it is definitely addicting.  I admit it!  I am an Active Rain Addict and proud of it!   {;o)
But, for me the biggest help Active Rain has provided me thus far … (28 comments)