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  • Former U.S. President Bill Clinton
    Newly released documents reveal how government added to cause of housing crisis
    Yesterday, April 18, 2014, Bill Clinton's Presidential Library released documents concerning how what was purported to reinvest in communities showed how the federal government encouraged banks to lend money to Americans would normally not...
  • The FHA "Back to Work" Program is Requiring Housing Counseling for Borrowers.
    The FHA "Back to Work" Program is Requiring Housing Counseling for Borrowers.
    "On Aug. 15, 2013, the Federal Housing Administration (FHA) implemented a new program titled "Back to Work." This program seeks to help borrowers that would otherwise not qualify for an FHA mortgage because of FHA's waiting...
  • Home buyers may qualify for FHA loan despite short-sale or foreclosure
    Home buyers may qualify for FHA loan despite short-sale or foreclosure
    As a result of the housing collapse, many homeowners experienced a serious reduction in income or lost their jobs due to the crumbling economy. Some mortgage borrowers were forced to file bankruptcy or short sale their home to avoid foreclosure....
  • 2013 NAR issues with the government
    2013 NAR issues with the government
    The National Association of Realtors (NAR) in their midyear legislative meetings came up with three issues to pursue with the federal government. With the high amount of turnover in the House and Senate in the past few years, Congress needs...
  • FHA request 1 Billion to shore up reserves
    FHA request 1 Billion to shore up reserves
    Federal Housing Administration’s housing commissioner has made a formal request of 1 Billion dollars. The request was made by Housing Commissioner Carol Galante on Tuesday, June 4th as she testified at the housing finance subcommittee...
  • Client Details Tracked
    Realtors, Buyers, Sellers, Communication
    Daily —Real Estate Agents are visited by lenders and brokers touting their company’s strength. We’ve been around for X amount of years; we can close your buyers within X amount of days, blah, blah, blah.At least that is how it is...
  • Update to the FHA 90 day rule
    FHA Flipping Waiver Extended Through the New Year
    Yesterday, December 3, 2012 the Federal Housing Authority (FHA) announced a waiver extension on a crucial regulation to the Real Estate Industry that has an enormous impact on Tampa Real Estate Investors. The FHA has long had a rule that forbids...
  • M&T Bank pulls bait and switch in the name of the FHA
    M&T Bank employs bait and switch tactics in the name of the FHA
    M&T Bank has a slogan - Understanding what's important.But according to Chris Sevigny M&T's view of what's importantapparentlyhas nothing to do with customers....Chris Sevigny is a legal assistant in the office of Queens...
  • Mortgage guidelines
    FHA mortgage guidelines moving in the right direction
    The Community Associations Institute (CAI) recently commended the Federal Housing Administration (FHA) for issuing new guidelines that will provide more opportunities for homebuyers and sellers and greater stability for condominium communities.CAI...
  • Home lost to fire
    Colorado Fire: Homeowners get financial relief
    Residents are starting to return to their homes or burned out lots after being displaced by the Colorado wildfires which erupted 8 days ago. The fire, one of the worse in Colorado history centered around the Colorado Springs area which happens to...
  • R.E.O. Property
    Three legitimate sources to find home bargains
    During the past several years it seems like all the news has been about low prices and the glut of foreclosed properties. Even today, as mortgage interest rates are at all-time lows, those who can qualify for a mortgage are desperate in locating...
  • Existing Home Sales
    How to Sell the Heck Out of a Single Housing Data Point
    Each month for the last four years I've looked forward to reading Barry Ritholtz's un-spinning of the National Association of Realtors monthly housing "data" in his blog, "The Big Picture." Without fail, the NAR comes...
  • Las Vegas Home for Sale
    FHA Loan Limit Increases for Homebuyers
    A homebuyer who’s getting a loan can now buy more house than earlier this year. That’s because lawmakers just approved increasing the maximum size of loans that can be guaranteed by the Federal Housing Administration.The spending bill...
  • E*trade Center
    FHA bailout, E*Trade fallout: Nov 14-20
    The upcoming week will have several news items to watch as potential high impact items to both the consumers and banking industry in the DC market.1) Federal Home Administration (FHA) may run out of money, and require government bailout money in...
  • The Costs of Mortgage Bailouts
    U.S. Senator Richard Shelby's concern over 30 year fixed rate mortgage bailouts
    To keep the residents and voters of Huntsville and North Alabama appraised of the events taking place in Washington, DC, and of U.S. Senator Richard Shelby's position on doing the peoples work through government business, the following...