ARCHIVED BLOG POSTS
Friday President Barack Obama signed a bill that reinstates the recently expired higher loan limits that were in effect for FHA and VA loans through December 31, 2013 but does not provide this extension to Freddie Mac and Fannie Mae. According to the article on Mortgage News Daily, “The new leg...
The House of Representatives today voted to restore higher loan limits to $729,750!! This is great news considering that the high limits returned to $625,500 in October. Here is a brief excerpt of an article published today at Bloomberg.com “For all of the objections from Republican lawmakers a...
Direct Link http://www.youtube.com/user/RealEstateBuzzz?feature=mhsn#p/a/u/0/FQw1fPRZuLM The big news this week is HARP. THE Home Affordable Refinance Program has been “re stringed” HARP was designed to assist distressed borrowers who are current on their mortgages but “underwater” meaning they ...