Is your house eating you up? If you find yourself struggling to make your house payments, or there are potential issues in completing a standard sales transaction, or getting a refinance because of your loan to value, there are many options for you to evaluate. Some options, may or may not be ... » Learn More about Avoid Foreclosure – Several Potential Options to Evaluate
California Housing Market at a Glance
The softening of the California real estate market continues. The elements that overheated the market, foreign and institutional buyers, and historically low interest rates, are being replaced by traditional buyers that are dealing with tighter loan underwriting from new Dodd Frank regulations, and ... » Learn More about California Housing Market at a Glance
Program aids returning veterans with inexpensive rent
As if Iraq war veterans don't have sufficient obstacles going back to civilian life, now they face the double whammy of increasing unemployment and a housing crisis that may currently have put their finances at risk. The government has developed programs to help veterans handle foreclosures and ... » Learn More about Program aids returning veterans with inexpensive rent
Bi-Partician Reform of Freddie and Fannie – But Does it Need to Be?
A potential housing finance reform proposal has been announced by Senate Banking Committee Chairman Tim Johnson, D-S.D., and Ranking Member Mike Crapo, R-Idaho. The bi-patrician committee have been negotiating and drafting the legislation for several months. The Freddie Mac and Fannie May ... » Learn More about Bi-Partician Reform of Freddie and Fannie – But Does it Need to Be?
FHA Quality-Assurance Plan Assures Fewer Loans Get Made: Lenders
The increased scrutiny, mortgage bankers complain, would finish recent attempts to provide home loans to borrowers with marginal credit, something the FHA has been striving to spur for years. Those with FICO scores below 640 would be especially hard hit, industry executives state. "FHA says they ... » Learn More about FHA Quality-Assurance Plan Assures Fewer Loans Get Made: Lenders