Rhonda Porter on 04 28, 2012 | 1 Comment
Earlier this month, FHA mortgage insurance premiums (both annual and upfront) were dramatically increased for purchases and refinances with exception to *some* FHA streamline refinances. If you wer
Read MoreRhonda Porter on 02 29, 2012 | 27 Comments
HUD has announced that effective on FHA case numbers obtained on or after April 1, 2012, FHA mortgage insurance premiums will be higher. Upfront Mortgage Insurance Premium (UFMIP) will be increased
Read MoreRhonda Porter on 02 2, 2012 | No Comments
Last year, I had the privilege to attend and participate in the first Mortgage Tech Summit in Denver. Next week, on February 9th and 10th, the next MTS will be taking place in Scottsdale. If yo
Read MoreRhonda Porter on 01 31, 2012 | 13 Comments
A lock extension is what is required when a loan does not close in the time frame as arranged with the original lock. Locks are available for 30, 45 or 60 days with the longer the period of time avail
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