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Wednesday, January 2nd, 2008If you are planning to get a mortgage loan through the FHA you should be aware of the fees that are allowed or not allowed by the FHA. The FHA has approved mortgage lenders and brokers that you are allowed to use if you want to get a loan through one of their programs. [...]
FHA required home inspections
Thursday, November 15th, 2007If you are planning to get an FHA secured mortgage loan to purchase a home then you will be required to have the property inspected. Many buyers make the mistake of not having a home inspected before they buy, and they get stuck with expensive problems that should have been fixed before they [...]
Back by popular demand
Wednesday, October 17th, 2007Michigan has hit a five year high in number of foreclosed FHA Loans. With the rising number of foreclosure across the country this statistic should really come as no surprise to anyone who has followed the housing market this year. Nearly 4 percent of the 5,235 FHA loans in the state of Michigan [...]
Sorry for such a long layoff
Tuesday, July 17th, 2007The dream of homeownership is one that every American shares. Modernizing programs to expand homeownership is shared by nearly 80 percent of Americans as well. These Americans believe that the legislation currently in Congress to modernize the FHA would be a safer and more affordable way for Americans to purchase a home rather [...]
Ah, the Sunshine State
Monday, July 9th, 2007Foreclosures in the state of Colorado are still looming with Weld County ranking near the top nationwide in total number of homeowners who have lost their home. Check out the rest of the story here.
Slow week, a little bit of fun
Friday, July 6th, 2007Slow news week for the FHA so I have decided to post up a couple clips from youtube.com.
This first clip is Alec Baldwin in Glengarry Glen Ross.
Always Be Closing
It does have obscenity so here’s your warning.
This second clip is from Boiler Room.
Ben Affleck’s motivational speech
Again watch for [...]
Books, check’em out.
Thursday, July 5th, 2007As I have blogged about before, reverse mortgages are becoming more and more of an option of the baby boomer generation. They allow the homeowner to earn a credit line or monthly check from the equity in their house.
Reverse Mortgages: growing opportunity for today’s seniors
Period numbers down
Tuesday, July 3rd, 2007Fewer Americans are taking advantage of FHA Loans from the previous year. In FHA Lending from October of 2006 to May of 2007 the FHA has seen a 35% declining in the number of loans insured over the same time frame from the previous year. During this period the FHA insured $2.33 billion [...]
MLB to pay tribute to Military, past and present
Monday, July 2nd, 2007Major League Baseball, for the second year in a row, is planning on a salute to the military for all July 4th baseball games. There will be pre-game festivities including fly-overs, color guard performances, and first pitch ceremonies to name a few things. There will also be many Public Service Announcements from the [...]
But it’s not even my birthday
Friday, June 29th, 2007Happy Birthday, FHA! Today is the 73rd birthday of the Housing and Urban Developments program, the FHA.
“FHA has given millions of families the opportunity to pursue the dream of homeownership,” said Deputy Secretary Bernardi. “Our goal is to continue our education and outreach efforts while also retooling and refining FHA to [...]
