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000 : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "000"

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California Seeks $2 Million From Mortgage Modification Providers

Foreclosure is a terrible thing, the cancer of financial events. Little wonder that many people desperate to hold onto their homes seek whatever help might be available. We know that loan workouts — whether modifications or payment plans — can mean months of delay and hopefully time to get homeowner finances straight. Unfortunately, we also [...]

7Jul2009 | | 0 comments | Continued
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FHA — Yes (Sort Of) To No Money Down

HUD has come out with new regulations which will allow borrowers to get FHA financing with no money down — but only in very limited circumstances. On May 11th HUD said first-time buyers could use their $8,000 tax credit to fund their FHA downpayment. In effect, borrowers would get a short-term bridge loan that would [...]

1Jun2009 | | 0 comments | Continued