The 2012 Conforming and FHA loan limits for King, Pierce and Snohomish Counties have been announced… ready for a littl
19 Washington State Lenders Lose FHA Approval
July 26, 2010 by 12 Comments
Today HUD released it’s Administrative Actions from the Mortgagee Review Board. Read the Federal Register PDF here. The
FHA 30 day “public comment” period
July 15, 2010 by 30 Comments
For the next 30 days, HUD is seeking public comment on the following policy changes, each of which are designed to mitig
We’ve Come a Long Way Baby
April 8, 2010 by 32 Comments
The other day, I received an email from someone who wanted to verify some strange things he had heard about the “old day
It’s Official: FHA Upfront Mortgage Insurance to Increase in April
January 21, 2010 by 32 Comments
Yesterday at The Mortgage Porter, I wrote about changes that HUD had confirmed via a press release for FHA insured loans
Mortgage Rate Update
November 20, 2009 by 16 Comments
Underwriting guidelines continue to get tougher. This week FHA tightened her belts on streamline refinances and over th
FHA to Adopt HVCC-ish Guidelines effective January 1, 2010…Correction: February 15, 2010
September 24, 2009 by 97 Comments
HUD recently announced in Mortgagee Letter 2009-28 dated September 18, 2009 that they are implementing “Appraiser Indepe
FHA Suspends Taylor, Bean & Whitaker
August 4, 2009 by 87 Comments
I feel like I’m one of the few mortgage originators who have never worked with mortgage giant TBW…many mortgage broker
FHA Condo Approval Process – MAJOR Guideline Changes
June 27, 2009 by 42 Comments
There are major changes on the way for developers of condo projects and existing condo owners who want to get approved f
The First Time Home Buyer Tax Credit Advance May NOT Be Used Towards the 3.5% Down Payment…UNLESS…
June 9, 2009 by 112 Comments
Update 6/10/2009 11:20 am: Please read the comments 1-21 (especially Aubrey Cohen’s comments). Apparently according to a HUD representative, the tax credit can be used for down payment if it’s received through State Housing Finance Agencies. (I called the FHA help line twice this morning and both FHA representatives say this is not the case). [...]
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