Keep up with state and federal regulators and their actions effecting you, your clients, and the real estate business
@HUDgov Secretary Ben Carson is hosting a panel discussion on June 1, 2pm – 4pm Est. (11am AZ time). Panelists will be: Joel Kan – Forcaster, MBA Christie Peale – ED, NYC Neighborhoods Jon Spader […]
An increasing number of residents, lenders and real estate professionals are experiencing the dreaded FHA Loan Denial in communities with some mandatory fees. Usually the fees are titled “Working Capital” or “Capital Preservation” fees. These […]
One of the things that drove me nuts over the course of my 20-year career as a Real Estate Agent and Broker was buyer’s lending concerns starting and stopping with down payment and interest rate. […]
Efforts to replace Dodd/Frank have officially begun. Jeb Hensarling, chairman of the House Financial Services Committee, introduced the bill yesterday. The Financial CHOICE Act proposes to end taxpayer bailouts, impose tough penalties on financial fraud […]
FHA loan denials are increasing daily. Most people understand the Free Assumability issue when it comes to purchase money loans and refinance loans. But increasingly I am asked why a reverse mortgage would be an […]
I was able to attend the Sun City Recreation Center (RCSC) meeting this morning. One of the residents had invited me to attend. She did a great job presenting the issue. I was joined by […]
How many times have you wanted to pick up the phone and call THE PERSON in charge of whatever program you or your client is entwined with at HUD? How about fax numbers? or office […]
If you have clients in communities with mandatory fees at change of property title, you probably have guessed this has to do with the FHA Free Assumability clause. I was pleased to speak with Alex […]
This morning I was invited to speak to the Sun City Republican Tuesday morning meeting regarding the FHA Free Assumability clause. As you can imagine the majority of the conversation focused on the Sun Cities […]
Rusty Bradshaw of Independent Newsmedia wrote an article on March 2, 2017 describing the affects of the FHA Free Assumability clause on FHA purchases, refinances and reverse mortgages in the Sun City communities. He interviewed […]
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