Christian's Blog

Bowen Family Homes shuts down House in Hunter's Run by Bowen Homes. Atlanta Business Chronicle Date: Tuesday, November 2, 2010, 12:19pm EDT The privately held Duluth, Ga.-based homebuilder put up a message on its website explaining the economy forced it to shut down after more than 40 years in t...

  Mortgage-interest tax break may face ax Bipartisan deficit-cutting panel puts deduction on table By Steve Goldstein, MarketWatch WASHINGTON (MarketWatch) — The hugely popular mortgage-interest tax deduction could be targeted by a bipartisan commission charged with finding ways to chop the defic...

     The 100/0 Principle The Secret of Great Relationships Brian Tracy once noted that, "80% of life's satisfaction comes from meaningful relationships."  If you would like to have better relationships with your spouse, children, co-workers, and clientele, we encourage you to read on, and to ado...

On August 6th, 2010, FHA published Mortgagee Letter 2010-23 which details the refinance program available to homeowners that owe more than the value of their homes. Although HUD estimates an economic benefit up to $35 billion, the success will be determined by the current lien holders who must pa...

  New FHA Fees To Start In September | FHA Mortgage Guide   New FHA Fees To Start In September   The HUD will shortly announce new FHA mortgage requirements that will start as of September 7th (UPDATED October 4, 2010) for FHA loans made on or after that date. With the passage of H.R. 5981 by bot...

  HUD recently issued a new notice regarding changes to FHA guidelines (full notice is below). These changes include lowering seller concessions to 3%, increasing down payment requirements and tightening guidelines for manually underwritten FHA loans. HUD has issued a 30 day public comment perio...

For Immediate Release                                                                                                          Contact: Jon Otto July 15, 2010                                                                                                                                     (703)...

  After having issues being passed as part of a larger unemployment benefits bill, both the House and Senate passed the Homebuyer Assistance and Improvement Act, HR5623 and will be signed into law by President Obama. This stand alone bill gives home buyers additional time to close on home purcha...

Fannie Mae's new "Loan Quality Initiative" went into effect on June 1, 2010…which means that loans may be at risk for some buyers. Here's what you need to know – and what you need to do – to keep your deals from blowing up right before closing. Undisclosed debt is a leading cause of mortgage fra...

The Federal Trade Commission (FTC), the nation’s consumer protection agency, sued Countrywide for unfair and deceptive practices in servicing the mortgages of homeowners in default or Chapter 13 bankruptcy. The settlement requires Countrywide to pay $108 million in refunds. After the court appro...