Foreclosure Victims Make Surprising Return To Homeownership(Wed 5/16) -
Data is not available, but interviews with more than 30 lenders, builders, Realtors and consumers suggest that a growing number of Americans are getting back into the housing market, even thou...
Mortgage Principal Reductions Weighed for Fannie, Freddie(Wed 5/16) -
The conservator of Fannie Mae (FNMA) and Freddie Mac may let servicers forgive debt on a limited number of mortgages owned or guaranteed by the taxpayer-owned companies, according to a person...
When Will We Learn? The Banks Don't Think We Ever Will, But We Must(Wed 5/16) -
In 2007, the banks gambled on mortgages and lost, causing the largest global recession since 1929. They then gambled on European sovereign debt and lost. And now we hear J P Morgan Chase (JPM...
Mortgage Rule Updates: What's "Trending" Now!(Fri 5/11) -
From MortgageCurrentcy.com: NMLS changes... CFPB on transitional mortgage licenses... our new summary on FHA/VA financing of rural properties, our new HARP FAQ, Fannie and Freddie on short sal...
Justice Department Settles Another Bankster Fraud Suit for Peanuts(Fri 5/11) -
``MORTGAGEIT also admitted that it submitted certifications to HUD stating that certain loans were eligible for FHA mortgage insurance when in fact they were not; that FHA insured certain loan...
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)