FHA Mortgage Insurance Fund Down 40%

Mortgage Law Central reports today on FHA’s Oversight Capability.  The House Committee on Financial Services held a hearing to look into the recent Business Week story alleging that predatory lenders are alive and well originating FHA loans. The committee listened to testimony from HUD on the approval process for FHA lenders, [more...]

Date: 2009-01-14 22:30:06

Blog posts (13) | Videos (80)
 

Sacramento New Homeowner Tax Tip

Hey, congratulations on buying a home or condo this past year.   Do you know what is deductible on your taxes if you are a new homeowner? ... points on the same loan would be $2250. On VA and FHA loans, points are often broken down into two ... can deduct points used to obtain a mortgage loan when buying a home or condo, mortgage interest paid [more...]

Date: 2009-01-05 13:00:45

Government Share of Mortgage Apps Soars

"The latest proof of the government’s growing influence in the mortgage banking sector came Tuesday morning from the Mortgage Bankers Association, ... for government-insured loans — primarily borrowers looking to apply for an FHA-eligible loan, although VA loans are included in the total as well — compared to 10.3 percent one year ago." [more...]

Date: 2008-11-25 19:47:43

Government Share of Mortgage Apps Soars: Report

The latest proof of the government’s growing influence in the mortgage banking sector came Tuesday morning from the Mortgage Bankers Association, ... for government-insured loans — primarily borrowers looking to apply for an FHA-eligible loan, although VA loans are included ... [more...]

Date: 2008-11-25 17:11:08

Will Higher Loan Costs Hit Today?

News on the mortgage front from people I trust - Fannie Mae’s new fee structure is about to work its way through the system, ... , it’s for Fannie Mae backed loans only - no FHA or VA, jumbo, or niche/portfolio loans. So what’ ... re a bigger risk, you have to pay more to get the loan.  More or less.  So if you’re looking [more...]

Date: 2009-01-12 18:52:21

Jumbo Prime ‘Walk Away’ Loans - More Downgrades Coming

Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing financial institutions into new lending markets. His primary focus was upon Agency, Jumbo, Alt-A and FHA insured residential mortgages [more...]

Date: 2008-12-10 16:51:11

Loan Officer Job - Cleveland/Akron, OH - Posted 1/14/09

Company: freedom financial mortgage corporation Job Title: Loan Officer Job Category: Finance/Banking Job Description: Earn 100% commission. We will set you as a virtual office in our organization. Will offer support and one on one help. Must be a seasoned loan officer that can fully self sufficient. We offer FHA,VA. Conventional [more...]

Date: 2009-01-14 18:34:49

Top 3 Things You Must Know About Inbound Marketing

If you’ve been following this blog with any regularity, ... Loans Specialist website,  my work on the FHA Mortgage Blog, and a burgeoning effort over at my Wanna [more...]

Date: 2009-01-15 18:29:54

Loan Officer Job - North Carolina - Posted 1/14/09

Loan Officer Post Date: Jan 12, 2009 Type:Full time Start Date:Immediate Salary: (Verify your salary with Salary.com) ... : Retail Loan OfficerAs a Retail Loan Officer, you will be offering FNMA/FHLMC products, Jumbo, FHA, VA and USDA/RHS mortgages. We are seeking expansion in all licensed areas. Green Planet Mortgage [more...]

Date: 2009-01-14 19:13:21

Retail Loan officer - North Carolina - Posted 1/13/09

Post Date: Jan 12, 2009 Type: Full time Start Date: Immediate Salary: (Verify your salary with Salary.com) ... : Retail Loan OfficerAs a Retail Loan Officer, you will be offering FNMA/FHLMC products, Jumbo, FHA, VA and USDA/RHS mortgages. We are seeking expansion in all licensed areas. Green Planet Mortgage [more...]

Date: 2009-01-13 16:13:23

Are greedy wolves making government-insured mortgages?

Now that subprime is a dirty word and Wall Street firms are no longer making securities backed by loans to people with low credit scores, brokers and bankers are filling the void with a little help from Uncle Sam. They are making loans ... FHA, which is meant to expand credit to folks of modest means? John Courson, president of industry [more...]

Date: 2009-01-15 11:00:45

Constitution Party: ‘The mortgage thieves return’

Reposted at http://www.constitutionparty.com/news.php? ... spectacle of bad actors descending on a government program fat with new money and starved ... and proof of an ability to pay the money back. These were boring 30-year fixed-rate loans. Now FHA [more...]

Date: 2009-01-07 18:25:37

FHA Streamline Refinance – What You Need To Know

September 20, 2009 | By Joe Peters In Finance | Among the many options available to existing homeowners is the FHA streamline program, which is available in all states, including Utah. These types of loans are available by consulting with your local mortgage broker to best deal with your particular home financial details. [more...]

Date: 2009-09-21 01:21:20

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