Lastest Home Loan Affordable Program News

Posted on Oct 14, 2014 in HARP Refinance

Shaheen and Brown agree: No West Africa travel ban
Health officials have begun enhanced screening at five large U.S. airports to check for fever and other Ebola symptoms among passengers arriving from West Africa. The Obama administration and many health experts have argued against banning flights …
If you would like more informaiton please visit here…

Even the former Fed Chair can't refinance his mortgage
While President Barack Obama (D) was in the Chicago area on Thursday bragging to abstract academics and Democrat 1% Chicago Way pay to play beneficiaries about the economic wonders and improvements of his administration, buy case a few miles away former …
If you would like more informaiton please visit here…

TAUBE: When Ben Bernanke can't refinance
In my opinion, adiposity more about real estate prices could continue to stagnate for at least another decade, click if not longer. This is something the White House should be concerned about. President Obama, therefore, needs to take immediate action to help kick-start the …
For more informaiton please visit here…

Why did millions of Americans just not bother to refinance their mortgages?
In 2009, the Obama administration introduced the Home Affordable Refinancing Program, one of the signature post-crisis interventions for struggling homeowners. The theory was that the lower monthly mortgage bills from a refinance would put more money …
More informaiton please visit here…
Homebuilders Offer Freebies as Booming US Markets Lose Steam
In January, pharmacy the federal government, shop which is reducing its share of the mortgage market to lure back private capital, check cut FHA loan sizes in 652 high-cost U.S. counties. In Phoenix, the limit dropped to $ 271,050 — about $ 24,000 below the median prices …
For more informaiton please visit here…

Conventional Versus FHA: Which Should You Choose?
You have a choice between FHA and conventional mortgages only if you qualify for both. … Non-conforming jumbo loans, which are for amounts that exceed the conforming jumbo county limits and cannot be purchased by Fannie Mae and Freddie Mac.
For more informaiton please visit here…

Conventional Loans Dominate U.S. Mortgage Market
Another reason is that FHA loans are limited to loan sizes $ 271,200 in some U.S. counties. The minimum conforming mortgage loan limit for 2014 is $ 417,000. Conventional loans are also preferred in "niche" lending situations which would be impossible …
More informaiton please visit here…

A New Way to Build Equity
Mortgage amounts are capped at amounts close to the F.H.A. limits, which vary by region. Mr. Pinto estimates that the faster amortization and rigorous underwriting standards on wealth-building loans will lower the foreclosure risk by 70 percent …
For more informaiton please visit here…
Blacks Still Getting Fewer Home Mortgages
Instead of gaining access to private sector mortgage lending, drug the vast majority of loans made to Black consumers came through government-backed programs such as VA and FHA. These programs comprise a smaller share of the … Actual lending experiences …
If you would like more informaiton please visit here…

Habitat for Humanity's Partnership Village Receives Additional Affordable
BENTON, Ark., Sept. 19, 2014 /PRNewswire-USNewswire/ — Four new homes are under construction in Partnership Village with help from a $ 27,976 Affordable Housing Program (AHP) grant from Federal Home Loan Bank of Dallas (FHLB Dallas) and Bank …
More informaiton please visit here…