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 …
FHA Making Sweeping Changes, AGAIN!
It's been rumored for several months that due to raising default rate - FHA was in "trouble." Last week, FHA made several announcements that will ROCK the mortgage lending world …
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Why Look At FHA Versus Conventional Loan
FHA Mortgage loans have a TON of great things going for them, and if you qualifiy for one, it's often a better program than a Conventional Loan. Easier to Qualify: Because FHA insures your …
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FHA Cashout Refinance Changes
You have 2 weeks to make application if you want to take cash out of your home using a FHA refinance. The technical explination of "cash out refinance" is when more than the balance of the …
2% Mortgage Rate on Refinance?
The Obama Administration outlined today their efforts to help borrowers who need to refinance - and for various reasons can not. If you've made your payments on time, here's the current plan being …
FHA Started Because of The Great Depression…
Housing is the most important part of getting the Economy back in shape - (according to many of the guys that met for The Global Economic Summit in Davos). Keeping that in mind, it's important to …
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