New Bill Could Spell Trouble For Homebuyers!

The David Vitter bill could dramatically raise the FHA fees for our homebuyers. Become aware then become vocal to our leaders. Realtors, Mortgage Lenders, Appraisers, Title and Escrow officers, we need to become more active to stop more bills that could slow down, stop or even reverse any possible housing recovery.

New Bill Could Spell Trouble For Homebuyers!

Please share with your friends or family and post any comments or concerns you have below so we can become one voice.

The Disconnect Between FHA And Their Product!

From the moment that FHA announced their dramatic increase in monthly MI that the streamlines would slow down. When you can lower your rate by over 1% but your payment does not move, what's the point of streamlining? That doesn't even take into account the 5% Net Tangible benefit that is required to even be able to streamline. I honestly think the FHA has no clue how their changes can effect the consumer. If your goal was to slow down streamlines to build up the reserves again, fine. Just admit that was your goal and not that streamlines would be fine it is just the Lenders not approving them. Seriously? We can only approve them based of the guidelines you provided to us. Hum....anyway, check out this video discussing this further.

The Disconnect Between FHA And Their Product!