Need A New Home? 4 Ways To De-Stress Your Home Search

If you want to de-stress your home search and make for an easy process, there are a few important tips to follow.

Are FHA Fees Holding Back the Recovery?

Anyone with a less than perfect credit rating is likely to find it pretty hard to get a loan these days, but it also seems as if FHA fees are holding back a full housing market recovery. An article in American Banker points out that the Federal Housing Administration has raised its fees so much

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Oregon Experiences “Boomerang Buyer” Boom

According to Best Rate Home Loans, borrowers in Oregon have begun buying homes once more, and are taking advantage of foreclosure and short sales to save an average of $57,000. Many borrowers who have previously been through a short sale or foreclosure are now eligible for an FHA loan, and are becoming so called ‘boomerang buyers.’

The Latest Housing Refinance Initiative – Deja Vu All Over Again

This is getting tiresome. The latest housing initiative announced yesterday by President Obama is just more of the same old thing. This time the major change is that the program has been “expanded” to allow for FHA (i.e. taxpayer) backing to refinance loans that were previously not insured by FHA. Do the banks themselves write this stuff?

Stewart Lender Services Introduces FHA Qualification Package

Stewart Lender Services, in conjunction with Spectrum Field Services, announced the availability of a new qualification package for investors that provides them with a comprehensive analysis of loss recovery for REO assets.

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