It’s a strategy many originators are currently grappling with – and one of growing importance given how much influence they have on the housing market – so here are some tips on reaching this large buying cohort
The powerful Republican says the CFPB director’s resignation is “an excellent opportunity” to reform a “rogue agency”
Today, Acting Federal Housing (FHA) Commissioner Carol Galante announced significant price cuts to FHA’s Streamline Refinance Program that could benefit millions of borrowers whose mortgages are currently insured by FHA. Beginning June 11, 2012, FHA will lower its Upfront Mortgage Insurance Premium (UFMIP) to just .01 percent and reduce its annual premium to .55 percent for certain FHA borrowers.
The Mortgage Acts & Practices Rules have been in effect since August 19, 20111—so it’s been around for a while buy not many people know about it…YET!