January 2010 - Posts
Agency trying to shore up finances, prevent possible need for bailout WASHINGTON - The Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. The government agency
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Low interest rates and fast appreciation lure hunters to homes facing foreclosure. You may pay less than market value, but not too much less -- and the reasearch can be daunting. With interest rates at record lows and the stock market looking too perilous
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FHA is tightening up its standards for home buyers - but the changes are not as tough as some analysts had feared - especially on downpayments. FHA commissioner David Stevens outlined the agency's new underwriting policies last week, including an
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There are many programs and home loan products that allow homeowners to take advantage of the equity they've built up in their homes. One resource qualified FHA mortgage holders have at their disposal is the Home Equity Conversion Mortgage (HECM)
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The VA Loan became known in 1944 through the original Servicemen's Readjustment Act also known as the GI Bill of Rights. The GI Bill was signed into law by President Franklin D. Roosevelt and provided veterans with a federally guaranteed home with
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