dcsimg

Fha Articles

Posted on February 13   By MLP Blog
Thankfully, mainstream media outlets continue to give ink and air time to the growing subprime crisis. We've been talking about it for months here at Mortgage Loan Place, striving to keep people informed and up to date regarding a fiscal calamity that has shook every corner of the American economy. As part of its extended examination of the subprime disaster, the New York Times recently published a story that delves into how subprime mortgages became a lucrative staple for the nation's largest h.... Read More...
Posted on February 13   By MLP Blog
As many have probably already seen, HR 1852 made it through the House of Representatives on Tuesday (9/18/07) by a vote of 348-72. Optimism abounds as the push for a revamped FHA moves towards Senate committee consideration in the coming weeks. We've discussed FHA Modernization at length here on MLP over the past 6 months. For a quick snapshot of what the legislation passed in the House calls for, here’s a quote from MortgageDaily.com: The legislation, formally H.B. 1852, The Expanding .... Read More...
Posted on February 13   By MLP Blog
While he remains optimistic about the American economy, despite the fall of the dollar, the country's top economist warned this week that the continuing subprime crisis is likely to get worse in the near future. The Federal Reserve this week cut interest rates by half a percent to help homeowners grappling with the subprime fallout. In his first public address since the rate slash, chairman Benjamin Bernanke managed to keep his optimism in check. "The market for subprime mortgages has adjusted s.... Read More...
Posted on February 13   By MLP Blog
Private lenders, federal officials and other stakeholders are starting to kick up education efforts for homeowners feeling the crunch of the subprime mortgage crisis and the rising number of defaults nationwide. A recent conference in Texas sponsored by the Federal Reserve of Dallas showcased some of the outreach programs underway or being considered to help educate and comfort homeowners. Wells Fargo has already begun contacting subprime borrowers and alerting them to the company's Steps to Suc.... Read More...
Posted on February 13   By MLP Blog
There was a welcome addition to the "Safeguarding the American Dream" symposium held in Washington D.C. yesterday. The Mellman Group released the results of their most recent poll concerning The Expanding American Homeownership Act. The poll was commissioned by Wells Fargo and surveyed the opinions of 1000 adults across the nation, the results of which are heavily in favor of the Act. Not surprisingly, most Americans (52%) don’t know anything about this act. However, after hearing a bri.... Read More...
Posted on February 13   By MLP Blog
A recent study conducted by one of the country' biggest lenders shows that about eight in 10 Americans back new laws to safeguard home loans and mortgages by modernizing and revamping the Federal Housing Administration. Proposed in Congress weeks ago, the Expanding American Homeownership Act of 2007 would overhaul and modernize the FHA, making home loans more affordable and secure for prospective homeowners. The survey by Wells Fargo found that 77 percent of Americans support an stronger FHA and.... Read More...
Posted on February 13   By MLP Blog
Awhile back our team decided that there was not a whole lot of information about FHA loans on the web, and if there was, you had to go a million different places to get the complete picture. With that in mind, we set out to create a comprehensive, reader-friendly guide to FHA loans (for Download). We made sure to include everything someone interested in FHA Loan Guide an FHA loan would need to know. We have sections that include all the basic facts on FHA loans, all the requirements, and step-by.... Read More...
Posted on February 13   By MLP Blog
If you are wondering how the new American Housing Rescue and Foreclosure Prevention Act can help you then you should know the requirements to use the new refinancing programs that are available. Here is a list of the new requirements for people who want to use the FHA to refinance their home loan: The mortgage must be within the FHA loan limits. The new limit is $625,500. The FHA must hold the primary mortgage lien on the property. People who have more than one lien on their property will need t.... Read More...
Get Mortgage Loan Quotes Now
  • Free Quotes
  • No Hidden Fees
  • No Obligations
  • Refinance
  • New Home Loan
  • Home Equity
  • Debt Consolidation
  • FHA Loan Orientation Guide
  • FHA Loan Orientation Guide

    Use our FHA Guide to find answers to all questions related to FHA loan.

    Click here to Download

Compare Mortgage Rates