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Category: Mortgage

The Cost to Obtain FHA Mortgages Expected To Increase

Expect to hear from the Federal Housing Administration (FHA) today, regarding rate and fee increases associated with obtaining FHA insured mortgages.  According to a Wall Street Journal article, the increased borrower fees are necessary to avoid the future need for Read more…


Will FHA Announcement Bring About Quicker Sale Of Foreclosed Properties?

According to a January 15th HUD press release, the rule requiring sellers to hold title to real property for at least 90 days prior to sale (also known as title seasoning) has been temporarily waived, with very strict guidelines and Read more…