ARCHIVED BLOG POSTS
2013
“Boomerang buyers”— former home owners who have gone through a short sale, foreclosure, or bankruptcy in the past few years are coming back. They have exceeded their waiting periods to buy again and in the meantime have saved down payments as well as repaired their credit. According to RealtyTra...
11/15/2013
The FHA released Mortgagee Letter 2013-27 in September, which changes the guidelines to their Home Equity Conversion Mortgage (HECM) program, more commonly known as reverse mortgages. According to the FHA, “its HECM portfolio had experienced major changes in demographics and borrower preferences ...
11/07/2013