The Federal Housing Finance Agency recently began qualifying investors to purchase pools of real-estate-owned assets in some of the nation’s worst housing markets from Fannie Mae and Freddie and convert them to rental properties. But the strategy is opposed by some local California Realtors who stand to lose commissions on such bulk sales. The FHFA, [...]
Posts Tagged ‘department of housing and urban development’
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Realtors Oppose REO-to-Rental Program
April 24th, 2012 
davidguide 
Posted in Business Loans 
Tags: california realtors, department of housing and urban development, department of the treasury, Fannie, Federal, finance, Housing, housing and urban development, housing finance agency, REOs, strategy 
Comments OffLoan Modifications Are Working For Areas Hit Hard By The Economy
November 3rd, 2010 davidguide There are a number of places that have been substantially damaged by the slumping economy in the United States. These are all places that have been impacted in that home values are going down and unemployment levels are going up. These are places where people are less likely to be able to handle their loans. [...]
Posted in Business Loans Tags: Areas, Arizona, California, department of housing and urban development, Economy, Foreclosure, foreclosure mortgage, Hard, home, Loan, loan modification, Michigan, Modification, Modifications, Money, Mortgage, neighborhood stabilization, unemployment levels, United States, Working Comments OffChase Branches Loses FHA Approval
October 4th, 2010 davidguide JPMorgan Chase Bank, N.A., lost its origination approval agreement with the Federal Housing Administration for an office that operates within the jurisdiction of an Atlanta field office, according to the U.S. Department of Housing and Urban Development. In addition, a Chase office was terminated by HUD’s New Orleans office. A Chase spokesman declined to comment [...]
Posted in Business Loans Tags: approval, Atlanta, bank, Branches, Chase, department of housing and urban development, federal housing administration, Housing, housing and urban development, JPMorgan, jpmorgan chase bank, Loses, N.A, NEW ORLEANS, office, origination, U.S. Department Comments Off
