FHA Streamline Refinance: Some Changes Effective January 1, 2009

This site is primarily focused on providing information for originators of FHA loans, ... unless the house has lead paint. FHA does not require a credit report, but some lenders may require ... history for the last 12 months (or the length of time the mortgage has been held). HUD’s Credit Alert [more...]

Date: 2008-12-15 17:40:38

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The next debt crisis -commercal mortgage market set to collapse in North America in 2009-2010

Two weeks ago, I mentioned that about a dozen financial bubbles are about to burst. Here's a good reliable leading economic proxy indicator that doesn't get enough credit ... in Tucson, Ariz., and Hilton Head, S.C., also are about to default on their mortgages." ... a report [more...]

Date: 2008-11-30 02:18:40

Job losses clearly becoming #1 economic issue

Worrying about the credit crunch and falling home prices? That's just so...2008. For 2009 we've got a new worry: a job market in free-fall ... low mortgage rates won't lead to higher home values and increased home sales as long as 500,000 people ... are reporting that they are cutting pay of their employees in response to the difficult environment [more...]

Date: 2009-01-09 20:30:50

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