Daily Archives: May 9, 2012

Housing Authority offers basics for homeownership Thursday

Housing Authority offers basics for homeownership Thursday
Programs to be covered will include FHA, VA, USDA, HomePath, CalHFA, CalSTRS and the new CDAP “down-payment assistance grant program.” This year the Area Housing Authority of the County of Ventura is scheduled to offer classes in English and Spanish …
Read more on Ventura County Star

International City Mortgage Opens New Branch Office in Rockford, IL
“Her expertise in FHA 203(k) and HomePath financing is key, and ICM offers and excels in both.” The long-time Rockford resident was prompted to make the move to International City Mortgage by the products and service level available there.
Read more on PR Web (press release)

QM Update; Second Lien Problems; NMLS Expanding to Banks; CFPB…
Caliber is one of the fastest growing Wholesale lenders in the country and offers excellent compensation, great benefits, superior technology, open territories and a variety of loan programs including USDA, Jumbo, FHA/VA, Homepath and Conventional.
Read more on Mortgage News Daily

Latest Homepath News

Conversations at the MBA Secondary Conference; Lender, Conference, and
A couple of reminders for Wells sellers: a copy of the most recent version of the completed Notice to HomePath Property Buyers Regarding Appraisals publication should be included in all closed loan packages and dated by the buyer, and all mortgages …
Read more on Mortgage News Daily

Arcus Lending Expands its Mortgage Origination Services into Oregon
Arcus Lending offers mortgage loans for residential properties and specializes in diverse loan programs such as FHA, VA, Homepath, HARP, Jumbo and Conforming mortgages. Arcus Lending is able to shop for the best mortgage rates for their clients and …
Read more on PR Web (press release)

House Hunt: Open Houses And Just Listed Homes

House Hunt: Open Houses And Just Listed Homes
This Is A Fannie Mae Homepath Property. Homepath Mortgage & Renovation Mortgage Available. As Little As 3% Down. The Seller Has Directed That All Offers On This Listing Be Made Using The Homepath Online Offer System At The Homepath Website.
Read more on Patch.com

Residential Mortgage Lender's Correspondent Lending Division in Expansion Mode
They also offer the Fannie Mae HomePath® Mortgage and HomePath® Renovation Mortgage, along with a more traditional product menu. "The addition of Jim to the Platinum family allows us to maintain our commitment of 24-48 hour turn times our clients have …
Read more on PR Newswire (press release)

Latest Fannie Mae Auction News

Fannie Mae to sell 0 mln in bills on Wed
May 7 (Reuters) – Fannie Mae, the largest US home funding source, said on Monday it will sell $ 500 million of bills on Wednesday. The company will sell $ 250 million of three-month bills due Aug. 8, 2012, and $ 250 million of six-month bills due Nov.
Read more on Reuters

Fannie Mae to sell 0 mln bills on Wednesday
| April 23 (Reuters) – Fannie Mae, the largest US home funding source, said on Monday it will sell $ 250 million of three-month bills due July 25, 2012 and $ 250 million of six-month bills due Oct. 24, 2012 in a Dutch auction on Wednesday.
Read more on Reuters

Boynton takes new look at segregation-era cemetery

Boynton takes new look at segregation-era cemetery
"It was a place where there were prostitutes and drinking down there," said William Barton, 89, in his home, steps from the cemetery. Mary Barton, who was on the board of the municipal cemetery on South Seacrest Boulevard in the 1970s, decided she'd …
Read more on Sun-Sentinel

Brighton Beach M 'Mansion' Listing Humbles Heights' 2012 Multi-Mill $ ales
The Real Deal reports that the Ocean Parkway Mediterranean-style 5-bedroom home, steps from Brighton Beach, is the second most expensive listing among all residential properties in Brooklyn, behind DUMBO's ever-enduring $ 19 million listing for the …
Read more on Brooklyn Heights Blog (blog)

Financing a Foreclosure Purchase
Freddie Mac's REO program, called HomeSteps, lists foreclosed properties that are available for purchase but does not provide special financing for them. A similar program is offered by the VA for foreclosed properties it has acquired.
Read more on NASDAQ