It’s the middle of 2012. You had an excellent marketing plan when the year began. You believed that 2012 might be a year of transition from the heavily refinance-driven market to one more focused on core purchase business. You wanted to get ahead of the curve by reestablishing and strengthening your real estate agent and referral base. As the year started, it appeared your instincts were right on the money.Click to continue

The Federal Housing Administration (FHA) has posted new Frequently Asked Questions (FAQs) on its Streamline Refinance Transaction Indemnification, origination of a non credit-qualifying streamlined refinance of a loan originated by another lender ...Click to continue

If the big word in the industry is HARP 2.0, don’t try to go against the grain and market for something else. The public is well-aware of the changes in the mortgage industry, and is keeping up on buzzwords like “FHA STREAMLINE” and “HARP.” Find a marketing means that works for you and your budget and get to work.Click to continue

While it’s not getting the kind of attention you might expect, some 3.4 million American homeowners have the opportunity to share in more than an estimated $10 billion in savings on their mortgage payments. The Federal Housing Administration (FHA) recently announced changes to the fees that it will charge on its FHA Streamline Refinance program for some existing borrowers. The savings begin on June 11, so the time is right to find out if you qualify.Click to continue

The U.S. Department of Housing & Urban Development (HUD) has announced that the Federal Housing Administration (FHA) has made changes to the way in which FHA Streamline Refinance loans are displayed in the Neighborhood Watch Early Warning System (Neighborhood Watch).Click to continue

Ginnie Mae is clarifying its requirements on APM 10-16, dated Oct. 22, 2010, with respect to reporting the loan-to-value (LTV) ratio at issuance. According to Ginnie Mae, the LTV must be calculated based on the value of the property at the time the loan was originated.Click to continue