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mortgage insurance premiumSince 1936, the Needy Fund has been helping local individuals and families by using money raised through donations to pay for food, rent, mortgage payments, utility and heating bills, medical costs, and other basic expenses. The mission of the Needy ... Read more
Cancer battle leaves Dennis couple behind on bills - Cape Cod TimesMortgage shoppers should have some understanding of the major steps involved in obtaining a loan, which have been impacted by several recent developments. The process begins with an initial contact with a lender and ends with a closed loan. While ... Read more
Jack M. Guttentag The Mortgage Professor - Yahoo FinanceReporting from Washington - Home buyers will have to pay more cash upfront to get a mortgage backed by the Federal Housing Agency -- including, possibly, coming up with a larger minimum down payment -- and will need to achieve higher minimum credit ... Read more
Home buyers will have to lay out more cash for an FHA mortgage - Los Angeles TimesDec. 2 (Bloomberg) -- Homebuyers seeking to take advantage of a government mortgage-guarantee program will have to put up more cash in some situations as officials look for ways to shore up finances at the Federal Housing Administration . “Down ... Read more
FHA to Require Homebuyers to Put Up More Cash (Update1) - BloombergFor the past several years, the Federal Housing Administration has been the go-to financing resource for cash-strapped homebuyers who can't come up with a big down payment. It has zoomed from barely a 3 percent market share to nearly 30 percent of ... Read more
FHA under pressure to toughen up its lending rules - Riverside Press EnterpriseLouis Spagnuolo of WCS Lending in Boca Raton answers questions from readers. To ask a question that Louis may answer next week, click here . Q: I have been reading that the Federal Housing Administration is considering increasing the down payment ... Read more
Ask a real estate professional: Are FHA minimum down payments set to ... - Weblogs.sun-sentinel.comHomebuyers will have to dig deeper into their pockets next year if they want a mortgage backed by the Federal Housing Administration. In broad strokes and with the goal of shoring up its loan portfolio, the agency outlined changes Wednesday that will ... Read more
FHA aims to amend rules for lending - Allentown Morning CallLegal & General (L&G) has become the latest insurer to offer discounted premiums on critical illness cover (CIC) for new customers with a history of cancer. Critical illness insurance pays a tax-free lump sum on the diagnosis of a range of serious ... Read more
L&G offers premium discounts for cancer - Financial TimesReporting from Washington - Home buyers will have to pay more cash upfront to get a mortgage backed by the Federal Housing Agency and will need to achieve higher minimum credit scores under changes announced today by Housing and Urban Development ... Read more
FHA mortgages to cost borrowers more - Los Angeles TimesGenworth’s Homeowner Assistance program comes at no added cost; it’s free protection already built into a borrower’s mortgage insurance premium. Homebuyers who are considering low down payment options right now should keep that ... Read more
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