Latest Housing Starts Disappoint While Permits Show Hope(Wed 5/22) -
The latest Housing Starts data, released by the U.S. Census Bureau and the Department of Housing and Urban Development, was disappointing and showed a 17% decrease for the month of April. How...
Nationwide Home Affordability Remains High for Some(Wed 5/15) -
The latest data from the Home Builders/Wells Fargo Housing Opportunity Index shows that nationwide home affordability remains high for some. Although this is good news for potential home buye...
Fannie Mae Unveils Foreclosure Prevention Software(Mon 5/13) -
``The mortgage giant said its Servicing Management Default Underwriter can save servicers time and money by enabling them to obtain information about changes to Fannie Mae's policies in real ...
Rising Home Prices Have Little Impact On Consumer Spending(Wed 5/08) -
The hopeful impact of a housing recovery would be growth in other areas of the economy. It is for this reason that the Federal Reserve continues with QE3 and the purchase of mortgage backed s...
Congressional Dems Help Push Through More Wall Street Deregulation(Wed 5/08) -
Just one day after newly installed Treasury Secretary Jack Lew wrote a letter urging members of congress to reject a series of bills that would further deregulate Wall Street, nearly two dozen...
Allowable Lender paid fees for Streamline Refi's
- I'm hoping someone here can help. I'm looking for a specific quideline that details allowable closing costs for streamlines. We...
(Thu 7/12)
RE: Part-time/2nd job income
- Professor Dom, If a borrower has a full-time job for 8 years and a 2nd job in the same position working 32 hours per week for 1...
(Thu 6/16)
RE: First Guaranty Mortgage Corporation
- I use them and they are pretty good. A little slow on clearing conditions but if you email them and keep on them it gets done. ...
(Fri 4/01)
RE: New FHA rules 2010?
- Has anybody heard where loan officers cannot process their own files to submit to underwriting? Did anyone ever find out if thi...
(Tue 12/28)
WR Starkey Mortgage, LLP, Plano, TX
- (from HUD/OIG's elistserv) Quote: We performed an audit of WR Starkey Mortgage, LLP (WR Starkey), located in Plano, TX, a Feder...
(Fri 12/17)
RE: FHA Training and Classes Announcements
- FHA training and events: December 2, 2010, Miami FL. Rebuilding the Purchase Market. A symposium for housing industry professio...
(Mon 11/29)
RE: FHA Streamline - quit the whining
- I thought it was odd that they would exclude the impounds as I did not see where the HOC would have the authority to override t...
(Tue 11/16)