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FHA mortgage insurance fee will increase to 1.75 percent (The Indianapolis Star)
WASHINGTON Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance fee to 1.75 percent for a new mortgages and many refinanced loans. That's up from 1.5 percent. For a borrower with a $200,000 loan, that means a fee of $3,500, up from $3,000 in the ...
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FHA Will Raise Mortgage Fees (The Lakeland Ledger)
Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance fee to 1.75 percent for a new mortgage and many refinanced loans. That's up from 1.5 percent. For a borrower with a $200,000 loan, that means a...
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FHA raises mortgage insurance fee to 1.75% (San Francisco Chronicle)
Borrowers who take out government-insured mortgages will have to pay higher fees under new rules announced this week. Effective Oct. 1, the Federal Housing Administration will raise its mortgage insurance fee to 1.75 percent for a new mortgages and many...
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Community Bank Names Wright Mortgage Loan Originator (Rockbridge Weekly)
August 28, 2008- Staunton, VA- Community Bank is pleased to welcome Stephen Wright, Mortgage Loan Originator, to its Secondary Mortgage Department. Wright will be responsible for originating fixed rate mortgage loans and promote lending services to the real estate community.
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The 2008 FHA/VA Survival Kit Has Arrived (PRWeb via Yahoo! News)
This year's FHA mortgage training resource for mortgage professionals has arrived - The 2008 FHA/VA Survival Kit. This comprehensive 1,000 page FHA guide provides proven methods, tips, and step-by-step instruction on topics from FHA Loan Requirements to FHA Connection, Credit Analysis to Appraisal Requirements, and much more.
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FHA to Provide Additional Mortgage Assistance to Struggling Homeowners (Contacto)
President George W. Bush has signed into law legislation that will allow HUD’s Federal Housing Administration (FHA) to continue providing targeted mortgage assistance to homeowners.
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Fees rise on government-backed loans (The Arizona Republic)
The FHA plans to raise its mortgage insurance fee.
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Color of Money Book Club (Washington Post)
Personal finance columnist Michelle Singletary hosted an online discussion with Carolyn Warren, author of "Mortgage Rip-Offs and Money Savers" (John Wiley & Sons), on Thursday, Aug. 28 at Noon ET.
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Lending Over Backward (Forbes)
The FHA has been turned into the mortgage industry's lender of last resort. Taxpayer price tag? Maybe $100 billion.
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Mortgage service hopes new site is profitable (The Hillsdale Daily News)
By moving across town, Success Mortgage Partners hopes to increase business. Formerly known as United Mortgage at 86 W. Carleton Road, the business not only changed its name, it moved to the former S & S Trophy site at 25 N. Broad St., Hillsdale.
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