Comments on: New FHA Rules! (How Does This Affect Portland?)

By: Tillie Steenken

Tillie Steenken — Wed, 09 Jun 2010 20:28:22 +0000

We’re really definitely not 100% certain that credit card debt negotiation is the way to go nevertheless I have been starting to think a lot more about it based mostly upon what I’ve been reading through. I will declare the fact that eleminating forty% of my debt or so would have been a great relief of pain.

By: GovFHA

GovFHA — Wed, 09 Jun 2010 12:30:31 +0000

Nice post… Does anyone have any updates on Obama’s plans for FHA in 2010? I heard they were supposed to be making changes.

By: The Return of PMI | Oregon Mortgage Blog

The Return of PMI | Oregon Mortgage Blog — Wed, 24 Mar 2010 04:36:54 +0000

[...] been an option in the last 18 months, and these borrowers were all being pointed to FHA loans. And come April 5th, FHA loans are about to get more expensive as that FHA mortgage insurance is scheduled to [...]

By: James

James — Mon, 15 Mar 2010 22:37:29 +0000

Ok, here’s the scoop: NO CHANGE on reverse mortgages with regard to the FHA MI changes coming. They’re still at the flat 2% up front MI premium at close. I hope that helps!

By: James

James — Mon, 08 Mar 2010 17:49:05 +0000

That is a great question! Not sure, but I just sent an email to a great Reverse Mortgage Rep that I work with. Stay tuned, hopefully I can get some clarity for you shortly.

By: Jim Cory

Jim Cory — Mon, 08 Mar 2010 16:58:56 +0000

Do you have any details regarding how the new proposals will affect FHA Reverse Mortgages (HECMs)? I can’t seem to find much information, HUD seems oddly reticent about it.