Posts Tagged "&amp"

FHA, VA, & Conv. Mortgage Rate Forecast: Week Of January 11, 2016

on Feb 18, 2016 in FHA Information | Comments Off on FHA, VA, & Conv. Mortgage Rate Forecast: Week Of January 11, 2016

FHA, VA, & Conv. Mortgage Rate Forecast: Week Of January 11, 2016 Just two weeks after the breaching the 4% mark for the first time since summer, conventional 30-year fixed rate mortgage rates have dropped and now look to open this week in the mid-3s — a six-week best. Rates are down on falling oil prices and … If you would like more informaiton please visit here… Home Loans: Current Mortgage Rates at PHH, Suntrust Feb 14, 2016 30 year FHA fixed rate mortgages are being quoted at 4.000% and APR of 5.6770%. The shorter term 15 year loan interest rates are listed at 3.300% at the bank and APR of 3.5109% today. 5 year ARMs at Suntrust are on the books at 3.200% yielding an APR … If you would like more informaiton please visit here… FHA, VA, & Conv. Mortgage Rate Forecast: Week Of January 11,...

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New FHA Rules Affect Approvals, Alter Income & Debt Calculations

on Feb 16, 2016 in FHA Information | Comments Off on New FHA Rules Affect Approvals, Alter Income & Debt Calculations

New FHA Rules Affect Approvals, Alter Income & Debt Calculations FHA mortgages account for nearly 1-in-4 closed mortgages nationwide. Getting approved for one, though, is tougher for borrowers "on the margin" than it once was. The Federal Housing Administration (FHA) changed its mortgage guidelines, affecting how … More informaiton please visit here… New mortgage companies have ties with subprime lenders A Los Angeles Times analysis of federal-loan data shows that FHA mortgages from nonbank lenders are seeing more delinquencies than similar loans from banks. Just 0.9 percent of FHA-insured loans … Rules in the Dodd-Frank Wall Street Reform Act of … If you would like more informaiton please visit here… New FHA Rules Affect Approvals, Alter Income & Debt...

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Wells Fargo & Firm (NYSE:WFC) Decides To Pay $1.2B to Resolve Government Court

on Feb 5, 2016 in HARP Refinance | Comments Off on Wells Fargo & Firm (NYSE:WFC) Decides To Pay $1.2B to Resolve Government Court

Wells Fargo & Firm (NYSE:WFC) Decides To Pay .2B to Resolve Government Court … Wells Fargo & Firm (NYSE:WFC) [Trend Analysis] reported that it has decided to pay $ 1.2B to resolve government court case related to its Federal Housing Administration home mortgage program. The bank stated Wednesday that it reached contract earlier … More informaiton please visit here… Network Funding gives hard-hit homebuyers a second chance As a result, conventional underwriting guidelines and government loan limits prevented them from getting a home loan. With the help from the homeowner's access … Homeowner's Access Program: Provides access to financing for borrowers who can … More informaiton please visit here… Politics could stymie student loan borrowers In an interview, the Massachusetts Democrat said she's again pushing to lower the government's take by allowing those with student loans to refinance at lower rates, just as consumers can with mortgages or car loans. … Under Warren's proposal, people … If you would like more informaiton please visit here… Wells Fargo & Firm (NYSE:WFC) Decides To Pay $1.2B to Resolve Government Court...

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NAR & RESPA Violations; BB&T Acquisition; FHA Handbook Training; Jumbo Market

on Aug 19, 2015 in FHA Information | Comments Off on NAR & RESPA Violations; BB&T Acquisition; FHA Handbook Training; Jumbo Market

NAR & RESPA Violations; BB&T Acquisition; FHA Handbook Training; Jumbo Market … The credit quality index declined in January to 66.2, the lowest level since mid-2012 and 29% of lenders reported incremental looser underwriting standards. The entry-level mortgage credit availability index rose to 61.1 from 59.2 in December as the … More informaiton please visit here… How retirees can benefit from reverse mortgages Fixed-rate reverse mortgages must be tapped as a lump sum, while variable-rate loans may be structured as regular payments or as an available line of credit. To qualify, you must be at least 62 years old, own your home outright or have sufficient … More informaiton please visit here… NAR & RESPA Violations; BB&T Acquisition; FHA Handbook Training; Jumbo Market...

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Innovation in Primary & Secondary Markets; Every FHA Lender Following HUD v

on Jul 17, 2015 in Stated Income Loans | Comments Off on Innovation in Primary & Secondary Markets; Every FHA Lender Following HUD v

Innovation in Primary & Secondary Markets; Every FHA Lender Following HUD v … This audit appears to make down payment assistance from IDA Bond loans and many HFA loans like California's CalHFA, Nebraska's NIFA and Utah's Utah housing programs ineligible. Here is the link to the Nova audit. Many of these … Currently, there are … If you would like more informaiton please visit here… As Home Ownership Lags, Young Renters Left Behind in Wealth-Building – NBC … Weighed down by high student loans and low credit scores, squeezed by rising rents and required down payments, homeownership is a distant goal, and economists worry that these millennials are missing out on a crucial opportunity to build wealth. … a … If you would like more informaiton please visit here… Research Finds that Student Loans Hinder Millennials From Saving for a Home recently found that college degrees hinder young millennials from saving up for a 20 percent down payment on a home due to student loan repayment, but in the most expensive markets, only those with a college degree will be capable of saving up enough … More informaiton please visit here… Innovation in Primary & Secondary Markets; Every FHA Lender Following HUD v...

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