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Is Another Housing Crisis Brewing?

Price wars mimicking actions that lead to disaster for borrowers   Spring could be blossoming more than just an improved housing market. It could be softening the provisions that have kept loose credit standards in check for several years.   To begin, the Obama administration has already announced that the Federal Housing Administration will start […]

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Coming Soon: Looser Mortgage Standards…Again?

In what seems like a years-long drought of home-lending, US financial regulators are positioned to finalize new mortgage standards. The new rules are acknowledging what has seemingly kept middle and lower income borrowers from purchasing a home: strict guidelines meant to stave off another wave of “bad borrowing”. Now, new standards will be relaxed to […]

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Buying a Home After Short Sale May Get Harder

Fannie Mae purchase guidelines change for those who had a Short Sale   Although short sales may seem like a thing of the past, those who have had a short sale have to deal with the lingering aftermath. For instance, a major concern of those facing foreclosure is what a short sale or foreclosure does […]

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Short Sale Process gets easier under new GSE Guidelines

As of November 1st 2012 Fannie and Freddie will implement new Short Sale guidelines to make the approval process easier for eligible homebuyers.   The new guidelines will be put in place to enhance and streamline the process to avoid foreclosure and help communities become more stabilized. The new Short Sale program will provide assistance […]

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Thank you from my heart to yours!

Tracy you are amazing! Thank you from my heart to yours! I am so glad the Lord put you in my life when he did! All your hard work and keeping in touch has made this transition has been so easy for me. Your the best ever and I am proud to know you.

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