$0 Setup, In Stock, Great Support 2000 GB Tier 1 Ultra Fast Bandwidth
Today's Fresh Blogs...| Busy News Day: Bush & Bernanke Both Talk Housing |
| Published: August 31, 2007, 12:06 pm |
| Tags: Mortgage News Insight, Ben Bernanke, Fha, Government Bailout, President Bush, Subprime Meltdown |
| It’s been a busy news day already as President Bush outlined his initial plans to for the government to aid in softening the mortgage and housing disaster. You can read more about it here, here, and here. From Bush’s speech this morning: On Friday, Bush said he planned to: Urge Congress to pass legislation that would give the |
 Comments (0)
 Blog link
Rating: 0 
|
| PSA: Go FHA! |
| Published: September 4, 2007, 2:00 pm |
| Tags: Consumer Mortgage Tips, Federal Housing Administration, Fha, Fha Home Loans, Fha Secure, Subprime Mortgages |
| fixed period inquire about FHA refinancing. Not every lender is FHA approved. If you are a subprime borrower (loosely defined as having a credit score of less than 620) the first question out of your mouth when talking to a loan agent is “Are you FHA approved?” and don’t let them tell you “FHA isn’t that |
|
Comments (0)
Blog link
Rating: 0
|
| FHA to implement new FHASecure refinancing product |
| Published: September 4, 2007, 3:09 pm |
| Tags: Fhasecure, Fha, Fhasecure, Teaser |
| REFINANCE, KEEP THEIR HOMES FHA to implement new FHASecure refinancing product WASHINGTON - President George W. Bush today announced that HUD’s Federal Housing Administration (FHA) will help an estimated 240,000 families avoid foreclosure by enhancing its refinancing program effective immediately. Under the new FHASecure plan, FHA |
|
Comments (0)
Blog link
Rating: 0
|
| Bush's FHASecure May Only Reach 10 Percent of At Risk Subprime Borrowers |
| Published: September 4, 2007, 2:18 pm |
| Tags: Fhasecure, Mortgage Defaults, Mortgage Delinquencies, Fha, Mortgage News, Mortgage News, Fhasecure, Troubled, Population, Risk, Borrowers, Understatement, Announcement, Program |
| system that will allow the FHA to price insurance premiums by a borrower’s risk profile. The system is targeted for implementation by January 1. Also in the press release is an important number - 240,000. That is the estimate of the total number of at-risk borrowers that the FHASecure program will keep out of foreclosure, with expected |
|
Comments (0)
Blog link
Rating: 0
|
| President's Loan Package for Subprime Borrowers |
| Published: September 3, 2007, 7:24 pm |
| Tags: Subprime Mortgage Industry, Fha, Mortgage Video, Mortgage News, Mortgage News, Package, Opposes, Sauro, Borrowers, Atlantic, Guarantees, Bailout, View |
| Loan Package - FHA Loan Guarantees, Higher FHA … FHA, mortgage news, Mortgage Video, Subprime Mortgage Industry ---Related Articles at Consumer Mortgage Reports:Investors Eye The Federal Reserve RemarksBush Outlines Plan to Address Mortgage CrisisPresident Bush Announcement To Address Housing and Financial MarketsFOX |
|
Comments (0)
Blog link
Rating: 0
|
| Markets Overreacted to Bush Proposal - Government Will Tighten Lending Standards |
| Published: September 5, 2007, 8:54 am |
| Tags: Fhasecure, Interest Rates, Ben Bernanke, Federal Reserve, Fha, Overreacted, Tighten, Proposal, Bush, Gallagher, Standards, Government |
| Bernanke, Federal Reserve, FHA, FHASecure, Interest Rates ---Related Articles at Consumer Mortgage Reports:Preview Of Ben Bernanke And The Federal ReservePolicymakers Meeting Today in Washington on Interest RatesFHA to implement new FHASecure refinancing productBush's FHASecure May Only Reach 10 Percent of At Risk Subprime BorrowersThe |
|
Comments (0)
Blog link
Rating: 0
|
| Amendment Would Let FHA Insure $700K Loans |
| Published: September 12, 2007, 2:52 pm |
| Tags: Fha, Fannie Mae, Freddie Mac, Mortgage News, Mortgage News, Amendment, Cardoza, Limit, Insure, Conforming, Miller, Committee, Reform |
| Housing Administration(FHAwould be able to insure $700,000 single family mortgages in high cost areas under an amendment the chairman of the House Financial Services Committee wants to attach to an FHA reform bill the House is expected to vote on soon. The FHA reform bill (H.R. 1852) already raises the FHA loan limit in high-cost areas from |
|
Comments (0)
Blog link
Rating: 0
|
| Am I Eligible for FHA Secure? |
| Published: September 18, 2007, 10:54 am |
| Tags: Consumer Mortgage Tips, Adjustable Rate Mortgage Reset, Arm Reset, Fha, Fha Secure, Fhasecure |
| this new program visit the FHASecure FAQ page set up by the Federal Housing Administration. What if I am Not Sure if I qualify? If you are unsure if you qualify talk to a FHA-approved lender about your options under FHASecure. You can email or call me as my company is an approved FHA lender licensed to handle all FHA loans, including the |
|
Comments (0)
Blog link
Rating: 0
|
| FHA Readies RBP Proposal |
| Published: September 18, 2007, 1:16 pm |
| Tags: Housing Urban Development, Fha, Mortgage News, Mortgage News, Premium, Upfront, Premiums, Scores, Proposal, Discounted, Creditworthy, Annual |
| in the Federal Register. The FHA mortgage insurance program currently charges a 150-basis-point upfront premium and a 50-bp annual premium for most borrowers. Under the proposal, which is being issued for a 30-day comment period, the FHA can charge a maximum upfront premium of 2.25% and a 55-bp annual premium for loans with only 3% down. With |
|
Comments (0)
Blog link
Rating: 0
|
| National Associations Says Benefits From FHA Reform Legislation and Fed Rate Cut |
| Published: September 19, 2007, 12:01 pm |
| Tags: Interest Rates, National Association Of Realtors, Fha, Mortgage Industry Press Release, Combs |
| loans reset, a reformed FHA is positioned to offer borrowers a safer mortgage alternative and help bring stability to local markets and local economies.” (more…)FHA, Interest Rates, Mortgage Industry Press Release, National Association of Realtors |
|
Comments (0)
Blog link
Rating: 0
|
| FHASecure Already Facing Serious Challenges |
| Published: September 27, 2007, 2:15 pm |
| Tags: Fhasecure, Mortgage Backed Securities, Subprime Bailout, Fha, Mortgage News, Mortgage News, Subprime Bailout, Ginnie, Customized, Fhasecure, Issuers, Officials, Pools, Traders, Skeptical |
| estimates that the new FHASecure program could help 60,000 subprime borrowers that are delinquent because of the reset of their mortgage to avoid foreclosure. But bond traders expect investors to react negatively, so they are urging Ginnie officials to look for alternatives, such as limiting FHASecure loans to 5% or 10% of a Ginnie Mae II |
|
Comments (0)
Blog link
Rating: 0
|
| Will FHASecure and FHA Reform Provide Long Term Relief? |
| Published: September 29, 2007, 4:00 pm |
| Tags: Mortgage Implosion, Fha, Processors, Namp, Namp |
| successful, the FHA Reform Act, FHA Modernization and FHASecure could provide much needed relief to many “families with strong credit histories who had been making timely mortgage payments before their loans reset but are now in default to qualify for refinancing”.Unfortunately, after further review, it appears the mortgage bond |
|
Comments (0)
Blog link
Rating: 0
|
| FHA Secure Act May Now Effect 80,000 |
| Published: October 6, 2007, 4:12 am |
| Tags: Foreclosure Market, Fhasecure, Fha, Adjustable Rate Mortgage, Mortgage Video, Mortgage News, Mortgage News, Kokh, Secure, Oklahoma, Brought, Steps, Prevent, Recession, Washington, Kokh |
| Play Video FHA Secure Act KOKH FOX Oklahoma - (KOKH) Oct. 05, 2007. 10:37 PM EST Washington steps in to prevent recession brought by home foreclosures. Adjustable Rate Mortgage, FHA, FHASecure, Foreclosure Market, mortgage news, Mortgage Video |
|
Comments (0)
Blog link
Rating: 0
|
| HUD Probes Fees From FHA Lenders |
| Published: October 15, 2007, 12:25 pm |
| Tags: Housing Urban Development, Fha, Mortgage Video, Mortgage News, Mortgage News, Nonapproved, Montgomery, Brokers, Officials, Excessive, Fees, Approved, Customary |
| Housing Administration FHA lenders. HUD officials have noticed that some FHA lenders are charging borrowers points and paying $4,000 to $5,000 to brokers for simply bringing a customer to their office. Brokers that are not approved by the FHA cannot take a loan application or close an FHA loan. HUD rules do allow nonapproved brokers to |
|
Comments (0)
Blog link
Rating: 0
|
| Qualifying for FHASecure and Refinancing in a Changed Mortgage World |
| Published: October 19, 2007, 1:09 pm |
| Tags: Consumer Mortgage Tips, Fha Refinances, Fhasecure, Subprime Arm Loans, Subprime Mortgage Default, Subprime Mortgages, Subprime Refinancing |
| reliance and move to FHA due to the recent publicity surrounding FHASecure and the massive need of subprime borrowers to find alternative financing FHA underwriters are swamped with piles of files that may or may not qualify for FHA. Uneducated brokers and originators are throwing any subprime file at FHA to see if it will stick; and |
|
Comments (0)
Blog link
Rating: 0
|
