Buzz News with "Department"
FHA announces plan to assist underwater homeowners with new refi option
Posted yesterday on National Mortgage Professional Magazine by NationalMortgageProfessional.com
Read More »In an effort to help responsible homeowners who owe more on their mortgage than the value of their property, the U.S. Department of Housing & Urban Development (HUD) will begin providing an additional refinancing option for underwater borrowers. Read more
Short Refinance: Is the Government's FHA Short Refi Program for You?
Posted yesterday on http://www.freerateupdate.com by Rosemary Rugnetta
Read More »... is now available to help the struggling housing market and underwater borrowers. Back in March, the Department of The Treasury and the Department of Housing and Urban Development announced additional enhancements to the Making Home Affordable Program and the FHA refinancing program. These enhancements went effective today and are designed to help borrowers who currently owe more on their mortgage than the value of their home. Since there are guidelines for this latest enhancement, borrowers ...
FHA issues guidance for lender approvals
Posted yesterday on National Mortgage Professional Magazine by Jonathan Foxx
Read More »On June 11, 2010, the U.S. Department of Housing & Urban Development (HUD) issued Mortgagee Letter 2010-20, 1 which provided the long-awaited guidance regarding the implementation of its Final Rule. 2 The Rule adopted changes pertaining to the approval of mortgage lenders by the Federal Housing Administration ( FHA ) that are designed to strengthen FHA by improving its management of risk. Read more
Stage set for FHA Short Refinancing program starting today
Posted yesterday on HousingWire by JON PRIOR
Read More »The Federal Housing Administration ( FHA ) will begin offering new government-insured mortgages to rescue underwater borrowers today, but the new Short Refinancing program may face as many limitations as earlier programs designed to aid the still sputtering housing market. The U.S. Department of Housing and Urban Development (HUD) announced the FHA Short Refinancing program in August, which [...]
How To Apply For And Quicken A California First Time Home Buyer Grant And Federal Grants
Posted yesterday on Home Mortgage Refinancing by Herb Johnson
Read More »... individuals can find available grants being issued to first-time home buyers would be the US Department of Housing and Urban Development (or HUD); the California Department of Housing and Community Development , which offers HUD-issued block grants to qualifying residents; and also directly within some local cities that may offer grants to those who desire to buy a home within that particular city. Individuals may want to check with the Grants.gov site online, which offers a listing ...
Inlanta honored with USDA Homeownership Awards
Posted yesterday on National Mortgage Professional Magazine by NationalMortgageProfessional.com
Read More »Inlanta Mortgage has received two awards from the United States Department of Agriculture (USDA) Rural Development Wisconsin State Director , Stan Gruszynski . Inlanta Mortgage 's corporate office is a recipient of the Million Dollar Lender Silver Award and its' Antigo , Wis. branch office (doing business as First Choice Mortgage ) is awarded the Million Dollar Lender Gold Award . Read more
Reverse Mortgages Can Advantage Elderly
Posted 3 days ago on Best Refinancing | Loan Rates For Your Needs by Mia Copperhead
Read More »... restrictions, applicants must discuss the loan with a counselor employed through the U.S. Department of Housing and Urban Development prior to signing. You will find five various types of payment techniques for each United States government insured loan obtainable, allowing for flexibility to meet the needs from the applicants. These consist of month-to-month, quarterly, semi-annual and annual payments to the borrower for a fixed number of periods or perhaps a lump sum that could be invested. ...
Reverse Mortgage: Loan For The House-rich But Cash-poor
Posted 3 days ago on Best Refinancing | Loan Rates For Your Needs by Linda Rendjuvyak
Read More »... HECM , or House Equity Conversion Mortgage . It's backed by the U.S Department of Housing and Urban Development , or HUD. 3. Proprietary reverse home loan The reverse home loan lender of this kind of home loan is a private organization. Are There Other Differences Between Types? The 3 types of reverse mortgages also differ in other aspects, particularly in their terms and manner of use. 1. Single-purpose reverse home loan This has very low costs, and you are able to only qualify ...
Happy Labor Day
Posted 3 days ago on The Mortgage Porter by Rhonda Porter
Read More »Mortgage Master Service Corporation is closed today in observance of Labor Day and will reopen for business as usual on Tuesday morning. Labor Day was first celebrated in 1882. From the United Stated Department of Labor : Labor Day , the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country.
United States Federal First Time Home Buyer Federal Government
Posted 3 days ago on Phoenix Urban Living News. Real Estate In Phoenix Arizona by Sal Marino
Read More »... found at Homes and Communities program of the United States Department of Housing and Urban Development website. They will also have the application forms needed to apply, and they will have a description of the monies awarded. There is another government website which has much of the needed information for new home purchasers. Searching for these grants does take some work in investigating, but in the end it is worth the money saved to enjoy a new, comfortable home. The second step ...
