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Tag Archives: Seller
Purchase Demand Rallies Ahead of FHA Updates. Seller Concession Reduction Still in Limbo
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 1, 2010. The MBA’s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by retail mortgage bankers, commercial … Continue reading
FHA Ready to Reduce Seller Concessions. HUD Invites Industry Comment Before Implementation
HUD is preparing to implement a few new policies that will no doubt affect your pipeline/loan application process. Last week, HUD and the FHA invited public comment on three of those policy changes, which are part of FHA's strategy to … Continue reading →