The Nation's Housing Column: FHA opens window to more borrowers

Posted on Sep 21, 2015 in FHA Information

Welcome to the Courtroom That Is Every Renter's Nightmare
In 1968, online view the Fair Housing Act became law, information pills barring housing discrimination. Six years later, the federal government launched the Section 8 program, offering rental vouchers so eligible low-income tenants could live in private buildings, and in turn …
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News From NAMB: September 17, 2015
News From NAMB is sponsored exclusively by United Wholesale Mortgage. … A proposed amendment to the Jumpstart GSE Reform Act would prevent Treasury from selling its shares without an act of Congress which would essentially make Fannie and Freddie …
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Are Lower-Income Students Really to Blame for the Student Loan Problem?
That for-profit-school borrowers who default on their debt obligations after graduation represent a disproportionately high percentage of all defaulting student-loan borrowers isn't news. According to a September 2014 report by the Institute for …
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Home loan firms target self-employed segment
The self-employed are often considered to be higher-risk customers due to the lack of a certified income proof. As a result, see rates offered to these customers are 100-200 basis points higher than the average interest rate charged by home loan companies.
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State homeloan program offers low rates
The state offers two programs: a 3.25 percent interest rate for its RateAdvantage Home Loan and a 3.75 percent rate on its CashAdvantage Home Loan. … Applicants to the state bond program must meet income qualifications. In Deschutes County, website like this that …
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The Nation's Housing Column: FHA opens window to more borrowers
Just because your credit reports and scores continue to bear the wounds of the recession and financial crisis, this don't assume you can't buy a house. Shop aggressively among FHA lenders in the coming weeks and months, and you're likely to find a better …
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New FHA Rules for Bad Credit and High Debt Ratios (2015 Update)
The Department of Housing and Urban Development (HUD) has published a new handbook for FHA loans. Most sections of the Single Family Housing Policy Handbook, as it's know, took effect earlier this week. So it is now the law of the land. We've been …
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Harney: FHA opens window to borrowers
Under a key policy change that took effect last week, lenders nationwide now have more leeway to approve mortgages to borrowers who qualify under FHA's underwriting guidelines but may have below-par FICO scores. Some analysts say the revised …
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