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The Latest News from WFG National Title Company
ryantate
187
Agent advicefhalending standardsmortgageproperty conditionreal estate disclosuresSelectseller repairs
January 12, 2015

Since when do lenders get to dictate property repairs?

Historically, one of the most onerous aspects of dealing with Federal Housing Administration loans was the inspection process. Fortunately, conventional lenders have never required much more than termite repairs. Sadly, this is all changing — to the detriment of both consumers and agents. A disturbing new trend is emerging where…
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ryantate
153
fhaNARnational association of realtorsSelectspot loansThe Hill
January 9, 2015

This could be the year FHA heeds calls to relax condo rules

New FHA condo regulations could bring back “spot loan” approvals this year, allowing buyers to purchase units in developments that haven’t obtained certification. But it will be so hard to get a spot loan approved that the rule change will probably have only a superficial impact, said Dawn Bauman, senior…
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ryantate
238
fhafha insurance premiumsFreddie MacMMImortgagemutual mortgage insurance fundNARobamapresident obamaSelectThe National Association of Realtors
January 7, 2015

FHA slashing mortgage insurance premiums by $900 a year

After raising them six times during the housing bust, the Obama administration is reversing course and rolling back mortgage insurance premiums charged by the Federal Housing Administration by enough to save homeowners an average of $900 a year. In a move expected to bring 250,000 first-time homebuyers into the market,…
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