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Posted on Jan 23, 2016 in FHA Information

Statement by the President on the Retirement of Representative Jim McDermott
Home Briefing RoomFrom the News RoomLatest News Share-Worthy Photos Video Gallery Live Events Music & Arts Performances From the Press OfficeYour Weekly Address Speeches & Remarks Press Briefings Statements & Releases White House … The Vice President …
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President Obama Announces Another Key Administration Post
Home Briefing RoomFrom the News RoomLatest News Share-Worthy Photos Video Gallery Live Events Music & Arts Performances From the Press OfficeYour Weekly Address Speeches & Remarks Press Briefings Statements & Releases White House … Pay Homeland …
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The Renovation Revolution: 203K And HomeStyle Mortgage Loans
The answer is this; you can get a mortgage to buy a house and fix it up at the same time using the same loan. Renovation financing otherwise known as FHA 203K and Fannie Mae HomeStyle loans; provide solutions for this stalled market segment.
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Mortgage Loan Rates Fell Last Week, order Refinancings Jump
The average interest rate for a 15-year fixed-rate mortgage fell from 3.42% to 3.29%. The contract interest rate for a 5/1 adjustable rate mortgage loan increased from 3.14% to 3.20%. Rates on a 30-year FHA-backed fixed-rate loan fell from 3.90% to 3.86%.
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Former McAlister's Deli owner owes 000 in state sales taxes
… $ 5.5 million in loans in 2011. According to the FBI, purchase “Swisshelm submitted financial statements to the bank that claimed his businesses earned a net income of more than $ 780,000 in 2010,” but Swisshelm's tax documents stated those business “had …
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Sterling falls as BoE governor suggests no rate increases likely this year
To my mind, there are some important differences in this regard,” he stated at today's speech, which is the Preston Lecture at Queen Mary University of London. … Targeted measures include: – limits on high Loan-to-Income mortgages introduced last …
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Golden Valley Bank Posts Record Profits for 2015
BUSINESS WIRE)–Golden Valley Bank (OTCBB:GVYB) President and CEO Mark Francis reported today that the company had its most profitable full year since the Bank's 2006 opening with net income of $ 1,539,330 ($ 0.77 per share) for the year ended December …
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Where do the presidential candidates stand on college affordability?
Inevitably, cheap the question arises: If you are elected president, how will you make a college education more affordable? That's because New Hampshire is not only home to the first in the nation primary, the students who graduate from the state's colleges …
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Obama's State of the Union wins and losses
A few months after Obama's 2010 State of the Union, congressional Democrats introduced the DISCLOSE Act, which would have limited political spending by companies with foreign ownership or government contracts and required certain outside groups to …
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Goldman Puts Mortgages and Naked Shorts Behind It
You couldn't walk into a Goldman Sachs branch and get a no-money-down stated-income mortgage. Goldman was, case and is, an investment bank. Consumer mortgage lending has never really been its core business. It does do some mortgage lending — to its …
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Economist: TRID is Not Affecting Housing Market Potential
While November's substantial decline in existing-home sales was largely attributed to the impact of the TRID, or “Know Before You Owe” mortgage rule, which went into effect on October 3, one economist said the CFPB's controversial rule is not affecting …
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Six Basic Personal Finance Facts People Constantly Get Wrong
I see a lot of people who struggle with a mountain of student loan and credit card debt in the early years of their professional lives for example, a situation that really hits home for me. Another thing that I see regularly is questions from people …
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Looking at Cullen/Frost Bankers After a 42% Drop
Looking more closely at the details from last year's 10-K, one can see that the securities line item mainly consists of municipal bonds, U.S. treasuries and some residential mortgage-backed securities. There's not a lot of risk in the securities …
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Military Buyers Spur VA Loan Program to Record Year
A home loan program steeped in history continues to make it. The United States Department of Veterans Affairs, visit known as the VA, generic backed an all-time record 631,151 loans in fiscal year 2015, eclipsing the previous high-water mark set just two years prior.
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Freddie Mac: Mortgage Rates Make Biggest 1-Week Drop In 54 Weeks To Hit 3.81%
In Seattle, Washington, where the local conforming loan limit is $ 567,500, paying 0.6 discount points to get this week's 30-year rate of 3.81% costs $ 3,405. … Qualifying for the FHA Streamline Refinance is similarly simple as meeting IRRRL requirements.
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No-down mortgages make a comeback
Two small Bay Area lenders have begun offering home loans with no money down and no mortgage insurance — offers rarely seen since the housing bubble burst. No-money-down loans were popular before the financial crisis, information pills but many went bad when …
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Pros and cons of reverse mortgages
A reverse mortgage is a loan offered to people over the age of 62 that enables borrowers to convert part of the equity in their homes into cash. People of retirement age may find that their limited income can make monthly expenses more difficult …
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Revision to mortgage program offers safe option for seniors
The federal housing authority (FHA) has recently revised an older mortgage program that originally was designed for seniors but proved to have too many drawbacks that negatively affected the users. The new government-insured program is now known as …
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Thomas: Mortgage loan reboot a bad idea
The Obama administration proposes the HomeReady program, sildenafil a new mortgage program largely targeting high-risk immigrants, and which, shop writes Investors.com, “for the first time lets lenders qualify borrowers by counting income from nonborrowers living in the …
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Anworth Announces Preferred Stock Dividends and Increase to Share Repurchase
BUSINESS WIRE)–Anworth Mortgage Asset Corporation (NYSE: ANH) announced today that, in accordance with the terms of Anworth's 8.625% Series A Cumulative Preferred Stock, or Series A Preferred Stock, the board of directors (the “Board”) declared a …
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Ameris Bancorp Announces 2015 Financial Results
During the quarter ended December 31, 2015, interest income on loans increased to $ 46.9 million, compared with $ 45.4 million for the third quarter of 2015 and $ 40.6 million for the fourth quarter of 2014. Loan yields (including loans held for sale but …
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USDA Awards Million to Boost Energy Efficiency in Vermont
This is the largest Energy Efficiency and Conservation Loan Program (EECLP) project in terms of both financing and scale that the USDA's Rural Utilities Service has made since the program's launch in December 2013. … This includes more than $ 680 …
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Our View: Restore KidsCare (it's a no-brainer)
The federal Children's Health Insurance Program, hospital called KidsCare in Arizona, once enrolled nearly 50,000 children in our state. It was financed by a three-to-one federal … $ 41 million in federal matching funds that year. The freeze also resulted in …
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Sen. Debbie Stabenow announces program to relieve student debt
The daughter of working class parents – her father is a carpenter and her mother works in retail – Reyes was unable to save up for college, and so relies entirely on federal and private loans to pay her tuition. "Paying off student … Like so many …
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Prospect Mortgage Selects Ellie Mae's Encompass Mortgage Management Solution
With approximately 2, remedy 000 employees serving over 190 licensed locations across the country, viagra 100mg Prospect Mortgage offers first-time homebuyer programs with down-payment assistance, sales FHA and VA, conventional, jumbo and super jumbo, construction financing …
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Housing Market Continues to Make Progress
In all, more than 10.1 million mortgage modifications and other forms of mortgage assistance arrangements were completed between April 2009 and the end of November 2015. More than 2.5 million homeowner assistance actions have taken place through the …
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