President Bush nominates new HUD secretary

National Mortgage Professional

Apr 20, 2008

Bills.com launches Know Your Limits programMortgagePress.comhigher-limit loans, economic stimulus package, Freddie Mac, Fannie Mae, FHA Bills.com is set to launch its Know Your Limits program, designed to help homeowners determine if they are eligible for new, higher-limit loans passed in the economic stimulus package. Determining eligibility for the new loans can be challenging, says Ethan Ewing, president of Bills.com. With the Know Your Limits program, applicants can complete a form and receive an immediate assessment of their eligibility for Freddie Mac/Fannie Mae and Federal Housing Administration (FHA) loan limits, as well as up to four lender matches for their specific situations. As part of the Know Your Limits program, Mortgage Brokers and lenders can reach homeowners eligible for the new loans quickly and easily. The FHA Select program will match lenders and brokers with applicants whose desired loan amount is below the FHA loan limit for their county of residence. Based in San Mateo, Calif., Bills.com is a consumer education services company. For more information, visit www.bills.com.

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Apr 20, 2008

Analysis and Data

RE/MAX: February Home Sales Rose 1st Time In 6 Months

Housing inventory levels increased year over year for the 10th consecutive month.

While they remain down 24.4% year over year, home sales in February increased 16.8% from January, according to a monthly report from RE/MAX. The national real estate company said the nearly 17% jump was the largest month-over-month increase in 11 months and ended a five-mo...

Analysis and Data

Goldman Sachs: Housing Affordability Biggest Challenge For Market

Says its housing affordability index is at an historically low level.

Affordability is the biggest challenge facing the U.S. housing market, according to strategists with Goldman Sachs Research. In a report included in its Briefings newsletter, the strategists said the Goldman Sachs Housing Affordability Index — which measures the extent to ...