|
FHA WEEKLY UPDATE
Possibility of Increased Buyer Eligibility for FHA Loans 
An agreement made December
13, 2007 in the Senate would result in hundreds of thousands of
under-privileged buyers, such as those of moderate income and
minorities, becoming eligible for federally insured low-rate, low-down
payment mortgages. According to a December 14, 2007 article in The
Washington Post... Read Full Story >>
$60 Million Awarded by HUD to Aid Job Seeking Individuals
Funding by
HUD in the form of $59.1 million awarded on December 12, 2007, is
intended to make families self-sufficient through employment. HUD plans
to distribute this sum between hundreds of public housing agencies
(PHAs) nationwide in order to aid low-income individuals with job
training and placement. Many families have already benefited from PHAs
by becoming homeowners or debt-free. The funding is provided through...
Read Full Story >>
Shortfall Predicted in Louisiana’s Road Home Program, $3 Billion Allocated to Fill Gap
According
to HUD, The Bush Administration has recently allocated $3 billion to
help compensate homeowners in the state of Louisiana. The Road Home
Program is designed to help homeowners gain reassurance that they will
be compensated for their losses in the wake of Hurricanes Katrina and
Rita. The Road Home plan was designed and administered by the state,
but fell into the danger zone of... Read Full Story >>
DISCUSSION BOARD
FHA Modernization Bill Passed...
Posted By: Yanina Garcia, NAMP Member
Hello
All...I just read that the Senate Passes FHA Modernization Bill...
Legislation that would modernize the Federal Housing Administration has
been passed by both the U.S. House of Representatives and the U.S.
Senate and could soon be on its way to the president. (S.2338, the FHA
Modernization Act of 2007, was approved by the Senate today by a vote
of 93-to-1).... Read Answers >> (1 comments)
Any Holiday Promotion Ideas?
Posted By: Yanina Garcia, NAMP Member
Any
holiday promotion ideas for generating new business during these slow
days? Any thoughts would be greatly appreciated. Thanks.
Read Answers >> (1 comments)
MORTGAGE CAREER CENTER **NEW**
Seeking In-House Mortgage Processors!
Solid growth mortgage brokerage firm looking for detail-oriented,
in-house mortgage processors. Candidates must be well versed in
Conventional, FHA/VA & Sub-Prime loans. Must be experienced with
DO, DU, LP and lender pricing engines. Salary plus possible per-file
bonus structure, based on experience level. Please email your cover
letter & resume to jayfertman@msn.com NO PHONE CALLS PLEASE.
NATIONWIDE TITLE COMPANY: As
a NAMP corporate sponsor, Genuine Title is a NATIONAL TITLE COMPANY
serving the mortgage community coast to coast. As a preferred title
vendor for NAMP, Genuine Title delivers binder commitments in 24-72
hours, as well as closing capabilities on as little notice as 4 hours
for CTC files. Bi-lingual closing agents available upon request. ALL
NAMP files receive PRIORITY status. Genuine Title, LLC knows how to
close loans! See the NAMP Vendor section for contact and order
information or visit them online at: www.GenuineTitleInc.com. Call 443-738-3400 direct. Ask for Jay Zukerberg, owner for "hands on personal service". Learn More >>
AFFORDABLE GRAPHIC DESIGN:
As a preferred NAMP vendor, I specialize in creating business cards,
letterhead, brochures, animated web banner ads and much more! All NAMP
Members receive 10% Off. Call me at 561-703-6520 today for a FREE
Consulation! Or, feel free to email me directly at: mattdevo@comcast.net
**Advertise Your Company Here! >>
|
