Posts Tagged FHA
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FHA Offers New Temporary Guidelines
A significant issue facing many builders has been brewing for over a year. Recently, FHA issued a new Mortgagee Letter (ML 2011-03) that clarifies and extends some of the most challenging changes to the Temporary Condominium Guidelines published N
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Mortgage Limits and Rates Looking Good!
Congress approved a resolution to extend the higher mortgage amount limits for California and other high cost areas. The existing mortgage amount limits ($729,950 in the highest priced areas) are proposed to be extended through Fiscal Year 2011 (Se
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Higher Conforming Loan Limits Extended Thru 2010!
On October 29th, Congress passed a Resolution to extend the current FHA and GSE conforming home loan limits through 2010, according to a press release issued by the California Association of Realtors. Part of the Housing and Economic Recovery
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HUD Does it Again!
Is it my imagination, or do bureaucrats stay up late at night thinking about new ways to make life difficult for all of us? In an effort to re-regulate the regulations recently imposed on the builders, sellers and buyers of condominium homes, the U.
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