We're kinda Nerdy at my house, and last night we watched a CSPAN discussion regarding the Future of Mortgage Lending in Washington, DC. John Courson (President of Mortgage Bankers of America) and the …
FHA Has Problems According to CBS Report
This news report last night on CBS about FHA was interesting! FHA / HUD does not make loans, they only insure them. It's one of the BEST programs available to first time home buyers! Yes, there …
Continue Reading about FHA Has Problems According to CBS Report →
With All of the Risk Do We Still Need FHA?
With the continued talk of extending the Tax Credit for Homebuyers, there's another group of Economist/Strategist discussing the "need" for the FHA Loan Program. With the increase in loan …
Continue Reading about With All of the Risk Do We Still Need FHA? →
What Exactly Are Closing Cost?
If you are considering the purchase of a home, you know that there could be a downpayment requirement (unless you are a Veteran, or you are purchasing in a rural area that qualifies for USDA …
Veterans get a Tax Credit Extension, what about the rest of us??
On October 11, 2009 the Congress agreed to extend the $8000 Tax Credit for First Time Homebuyers for any Veteran who served at least 3 months of "Qualified Overseas Duty" in 2009 for another 12 …
Continue Reading about Veterans get a Tax Credit Extension, what about the rest of us?? →
Could FHA Force Green Homeownership?
President Obama, and most of the rest of us are thinking Green is Good, and in an Executive Order issued earlier this month, he required that all Federal Agencies must do everything possible …
Continue Reading about Could FHA Force Green Homeownership? →