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FHA in the Red – Bob Corker (R-TN). In 2009, the FHA reported that its reserves dropped below the threshold of two percent of its loan balances as mandated by Congress. Most of the FHA’s losses resulted from loans.
Taking the Mystery (and Fear) Out of FHA 203K Rehab Loans Webinar – "Taking the Mystery (and Fear) Out of FHA 203K Rehab Loans" is a 60-min. free Webinar for National Mortgage Professional Magazine readers set for Monday, Dec. 12 from 1:00 p.m.-2:00 p.m. A panel of.
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PCE Cleanup Sites – The challenge has been simply identifying PCE underground plumes and dealing with those that are known. PCE typically is found during commercial property transactions where banks require environmental.
HOME BUILDERS, LENDERS SUPPORT INCREASE IN FHA LOAN LIMITS – Central Florida lenders and builders like the idea of increasing the FHA loan maximum, but look for a real donnybrook. Raymond & Associates, Altamonte Springs, is handling the $4.7 million,