lender: USDA Rural Housing Guarrantee Program Announcement, New Fees, Implementation, Previous Committments, Other Pertenent Matters - 08/25/10 07:04 AM
USDA ~
~~ Development
United States Department of Agriculture
Rural Development
TO: Participating Lenders AUG 2 3 2010
  
FROM: Tammye Trevifio,Administrator
Housing and Community Facilities Programs 
SUBJECT: Single Family Housing Guaranteed Loan Program
Funding Notice 
Many of you may be aware of recent legislation in which Congress provided USDA with authority to resume operating the Single Family Housing Guaranteed Loan Program (SFHGLP) at no cost to taxpayers. This was done through a combination of authority to: increase the upfront fee up to 3.5 percent of the principal obligation; charge a new annual fee of up to 0.5 percent of the … (0 comments)

lender: Relief is on the Way ---- We Think, House Passes Stand Alone Bill To Extend Closing Deadline for Home-buyers! - 06/29/10 11:33 AM
Today the US House of Representatives passed legislation that would extend the closing deadline for the Home-buyersTax Credit.  The Senate has already passed a similar measure and this  is the second time this year for the house to do so.  If the US Senate can pass a conference bill the credit will be available to Closing Home buyersall the way through September, 2010.  (The deadlinie to qualify for the credit of April 30th, 2010 will not be extended, this bill is for closing those transactions only)
Estimates are as high as 180,000 for loan applications backlogged in a system that became … (0 comments)

lender: Alabama To Get 52,000 New Jobs, California 396,000, Florida 206,000, Texas 269,000, Other states to benefit - 02/18/09 07:02 AM
The federal stimulus package signed into law today is expected to save or create 52,000 jobs in Alabama, according to White House data. Alabama Congressman Spencer Bachus voted against President Barack Obama’s $787 billion American Recovery and Reinvestment Act, but his district stands to gain the most jobs in the state. The act, passed without a single Republican Congressional vote, is projected by the White House to save or create 3.5 million jobs over the next two years, with more than 90 percent in the private sector, according to the Council of Economic Advisers. Bachus, R-Vestavia Hills, represents Alabama’s sixth Congressional … (3 comments)

lender: NEWS FLASH, Stimulus bill restores Fannie, Freddie, FHA limits - 02/15/09 07:08 AM
NEWS FLASH, Stimulus bill restores Fannie, Freddie, FHA limits John Tuggle 15. February 2009 Stimulus bill restores Fannie, Freddie, FHA limits Congress today voted on a $790 billion economic stimulus bill that includes a modest expansion of a first-time homebuyer tax credit and restores to $729,750 the upper loan limit in high-cost areas for Fannie Mae, Freddie Mac and FHA loan guarantee programs. For more info please go to www.johntuggle.edicypages.com … (2 comments)

lender: BREAKING NEWS: DOWN PAYMENT AID PROGRAM RESURFACING - 02/11/09 07:57 AM
I am working enthusiastically to create a groundswell of support in your community for H.R. 600 - FHA Seller-Financed Downpayment Reform Act of 2009 and downpayment assistance (DPA) reform. Breaking News: Down-payment aid program resurfacing In case you haven't seen the article in the February 7th edition of the Los Angeles Times, which speaks to H.R. 600's reforms that specify new standards for an effective program that will improve performance and not cost the taxpayers or the FHA insurance fund a dime. Read the entire Los Angeles Times article -------------------------------------------------------------------------------- Key Points of DPA Reform Congressional Budget Office (CBO) stated that … (0 comments)

 
John F Tuggle, Certified VA Expert Renovation Program Specialist (John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd. )

John F Tuggle

Certified VA Expert Renovation Program Specialist

Columbus, GA

More about me…

John Tuggle, Senior Mortgage Loan Originator, Envoy Mortgage, Ltd.

Address: 5820 Veterans Parkway , Suite 309, Columbus, GA, 31904

Office: (706) 315-2365

Mobile: (706) 315-2365

Email Me



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