National Association of Realtors Chief Economist believes that the housing market has stabilized, stating it “appears to be in a good position to return to sustainable […]
HUD announced several major changes for FHA loans. 1. Up-front MIP Mortgage Insurance Premium will increase to 2.25%, this will go into effect April 5 2010 […]
FHA Imposes Floor for 3.5 Percent Down The Federal Housing Administration (FHA) announced major underwriting changes to strengthen its reserves while maintaining the agency's critical position […]
RESPA Rules Take Effect January 1, 2010 Final Real Estate Settlement Procedures Act (RESPA) rules are scheduled to take full effect on January 1, 2010. These rules, […]