ARCHIVED BLOG POSTS
Mortgage giant Fannie Mae is unhappy about the mounting thousands of REO houses it's stuck with, but now it's moving to sell off that inventory faster than it has in the past, potentially opening up some interesting opportunities for home buyers and their agents. http://realtytimes.com/rtpages/20...
The US Department of Housing and Urban Development (HUD) removed the 1% origination fee cap on loans insured by the Federal Housing Agency (FHA), according a mortgagee letter sent out this week. http://www.housingwire.com/2009/12/31/hud-eliminates-1-cap-on-fha-mortgages/
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in November. No administrative hearings are scheduled. The FDIC processed a total of 51 matters in November. These included 34 cease and desis...