New National Association of Realtors numbers on the health of housing, were released this morning. Over all, the number of Existing Homes that sold in April rose, probably because of the $8000 home …
Green Mortgage Initiative – PACE
In an effort to accelerate the economy - the Obama administration sees "retro-fitting" houses with more Energy Efficient items as an answer. If we all put in efficient toilets, and windows, and solar …
HUD Makes It Easier To Purchase Foreclosed Property
HUD announced a change in the way it handles property that has changed ownership in the last 90 days. In an attempt to prevent people from "flipping" property (which is FRAUDULENT), HUD required a 90 …
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When Mortgages Get Sold
In details released Saturday night of the Paulson Plan, the Treasury intends for us to bailout anyone who purchased "bad" loans. So if you purchased mortgages backed by real estate in the United …
Mortgage Brokers and FHA
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 …
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 …
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