This is actually good news! Instead of increasing the borrower's FHA down payment requirement, HUD has issued Mortgagee Letter 2010-02 - (effective for case numbers issued on or after April 5, 2010 - applications taken) to increase the up front mortgage insurance premium (MIP) from 1.75% to 2.25%
...
01/26/2010
Hey Hey what do you say, dems wild ride might be over today! For those of you that were not paying attention, Ted Kennedy's senate seat just flipped when the Massachusetts voters elected a Republican, Scott Brown to his vacant seat in today's special election. This doesn't change the fact that t
...
01/19/2010
Have you ever tried to locate a Real Estate Professional via ActiveRain? I tried to find an AR network loan officer in Fairfax County Virginia and started reading their blogs to find someone with the chemistry and knowledge that I felt would be a good match for a friend in need of a refinance.
...
01/06/2010