Support H.R. 6694 to Reform and Save DPA! Contact Your Elected Officials Today! President Bush signed H.R. 3221 Housing and Economic Recovery Act of 2008
Once this bill (H.R. 3221) is signed it will eliminate seller assisted down payment programs, such as Nehemiah. These programs have been used for years
House votes to offer as much as $300 billion in mortgages and to back up Fannie and Freddie. Bush says he’ll sign it. Senate approval
Today the House past a monumental bill that will prevent down payment assistance from occurring on FHA loans and increase the down payment from 3
Well the week has ended on a very down note for mortgage rates. I watched the market drop well over 150 bps in the last
This week an agent friend and I will help a family close on their first home in over 3 years. You see they were subject
HUD issued an updated mortgagee letter – to hopefully, clarify certain points that were surrounded with confusion. If any of you had tried to refinance
Effective with new FHA case number assignments on or after July 14, 2008, FHA will implement risk-based premiums on one- to four-unit single family mortgages.
Well, we may be seeing the signs of better rates in the coming days. I am going to tell my current clients to hold off
You may have been noticing that rates have gone on a steady uphill diet of getting worse. This is not surprising if you look at
I just got done reading the release from HUD about risk based mortgage insurance premiums and wanted to share with you. For the first time
Press Release What every home buyer or seller needs to know in 2008 and beyond! What has changed? Denver, CO~ May 14th, 2008~As we sit
Licensed in Colorado as Maestro LLC (DBA Mortgage Maestro Group) is an Equal Housing Lender.
Consumers wishing to file a complaint against a company or a residential Mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the Department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
Home Mortgage Disclosure Act Notice. The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau’s website.
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