Posts Tagged ‘fha loans’
Long, but very helpful… Increases in FHA UFMIP, monthly MI factor, and reductions in seller paid closing costs I’m sure you’ve heard through the grapevine all the recent changes that are going to be implemented with FHA loans. Basically now, regardless of consumers’ credit score and down payment, people will start seeing an increase in…Read the Rest of Article
Tags: closing costs, fha loans, mortgage fees, mortgage loan
Posted in Mortgage Insights | Comments Off
|
(via MND) FHA to Raise FICO Requirements, Reduce Seller Concessions, Increase Premiums and Downpayment The Federal Housing Administration (FHA) is not, as some have claimed “the next subprime,” according to remarks prepared for presentation to congress this morning by Housing and Urban Development Secretary Shaun Donovan. Secretary Donovan told members of the House Committee on…Read the Rest of Article
Tags: fha, fha loan austin, fha loan dallas, fha loan houston, fha loan san antonio, fha loans
Posted in FHA Guidelines, FHA Mortgages | Comments Off
|
by C.M. “Corky” Watts, CMB Over the weekend, I received a copy of the proposed HUD changes that will impact correspondent “mini eagles” and mortgagee “full eagles”. According to the letter, the changes are aligned with provisions contained in the National Housing Act, as amended by the FHA Modernization Act of 2008. The letter, date…Read the Rest of Article
Tags: FHA approvals, fha loans
Posted in Mortgage Insights | Comments Off
|
|
