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Dennis Norman Recently HUD published a report, “U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability“, which was packed with data about the rental housing market. The data in the report clearly illustrates that the rental market is holding up pretty well, at least in the lower rent price-ranges, while the for-sale housing market has been [...] Dennis Norman In an effort to “stabilize home values and improve conditions in communities where foreclosure activity is high” FHA just announced a temporary waiver of requirements of 24 CFR 203.37a(b)(2). For those of you that don’t have your copy of the Code of Federal Regulations handy, this is referring to what is generally [...] According to a press release from the U.S. Department of Housing and Urban Development, borrowers with FHA loans that are experiencing problems associated with drywall (ie; chinese drywall) may be eligible for assistance to help them rehabilitate their properties. FHA is reminding its approved lenders that they are to offer special forbearance for borrowers confronted with [...] Dennis Norman By: Dennis Norman New RESPA rules go into effect January 1, 2010, following changes to the rules that went into effect the beginning of this year. Highlights of the new rules include: Mortgage companies may not require the use of its affiliate for tax service or flood letters Dennis Norman By: Dennis Norman I would think I would be pretty hard-pressed to find a real estate agent or broker that was not familiar with Fair Housing Laws, particuarly since the topic is covered in continuing education courses. |
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