Mar 14
On Friday HUD released a proposed mortgage reform
package designed to help consumers better understand the terms
of the loans they are considering and offering guidelines for shopping
for different products.
On Friday HUD released a proposed mortgage reform
package designed to help consumers better understand the terms
of the loans they are considering and offering guidelines for shopping
for different products.
Effective March 6, 2008, new FHA loan limits went into effect. Within weeks, the new limits will be passed onto lenders nationwide and will cause homeowners to take a fresh look at old faithful, the FHA loan.
There are so many plans being floated to stem the subprime crisis and avert foreclosures, it’s hard to keep track. A cheat sheet on the major proposals.