FHA fees making low-down-payment mortgages less attractive
If you want to buy a house with minimal cash by using an FHA-insured mortgage, no rx store here's some sobering news: Thanks to an ongoing series of fee increases and underwriting tweaks — the most recent of which were announced Jan. 31 — FHA is getting …
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Small Lenders Ride US Mortgage Wave
"This recession hit a lot of people hard and (the FHA program) gave us the opportunity to support those folks in a situation that was difficult for them, diagnosis " said Stanley Middleman, CEO of Freedom Mortgage Corp. The Mount Laurel, New Jersey-based lender …
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