Big USDA Changes Coming!

August 26th, 2016|

BIG USDA changes coming for FY 2017… On October 1, 2016, the first day of Fiscal Year 2017 (FY17), both the upfront guarantee fee and annual fee (collectively the “fee schedule”) for purchase and refinance [...]

HAMP Extended

August 26th, 2016|

HAMP extended… but with balance forgiveness??? With federal homeowner assistance programs set to expire this December, federal agencies outlined principles to provide a foundation for any future loss mitigation programs. In a white paper, the [...]

FHA News

April 20th, 2016|

FHA re-enters the condo market??? President Obama has signed H.R. 3700 – the “Housing Opportunity Through Modernization Act” into law. The National Association of Realtors® hailed the development as a “significant step” in eliminating barriers [...]