GSEs Update Short Sale PoliciesFannie Mae
and Freddie Mac
announced changes to their Servicing Guides Monday aimed at helping more borrowers avoid foreclosure through short sales
and deeds-in-lieu of foreclosure (DILs) to become effective January 10th. Here is a list of some of the changes made Monday.
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FHA Makes Concessions for Those Impacted by Shutdown
The Federal Housing Administration (FHA) called on all approved mortgagees and lenders to be sensitive to the financial hardships some borrowers are facing as a result of the federal government shutdown, including borrowers subject to furlough, layoff, or a reduction in income.
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Dont Blame Housing Softness on Shutdown
The housing market is showing signs of slowing down from its frenzied pace earlier this year. Just dont blame the government shutdownat least not yet.
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WIPP 2013 Annual Leadership Meeting
NAWRB CEO, Desiree Patno, and NAWRB Board Member, Ingrid Beckles, will be attending the 2013 WIPP Annual Leadership Meeting October 9-10 in Washington D.C.
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HUD Announces New Short Sale Requirements
Effective October 1, 2013, HUD has announced the following changes to their Federal Housing Administration (FHA) short sale requirements.
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Government Shutdown Could Hit Housing Market
Homebuyers should brace themselves for a possible delay in the processing or closing of home loans loans insured by the Federal Housing Administration due to the government shutdown.
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Closing the Leadership Gap
We are living in times of the greatest opportunity ever experienced in human history. The changes taking place today, and over the next several years, are creating opportunity and access to markets around the world like never before.
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PATH Act Approved by House
The Financial Services Committee approved legislation to end their bailout and create a sustainable housing finance system for America.
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Top 3 Candidates to Lead the SBA
A replacement for Karen Mills, who will bow out as the chief of the U.S. Small Business Administration (SBA) at the end of next month, has not yet been named.
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WIPPs Annual Small Business FY12 Report
WIPP has gathered the final numbers for the annual report on the government's effort to contract with small businesses in FY12.
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