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, [...]
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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 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
