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Archive for the 'Mortgage News' Category

Lake Powell Real Estate - First Time Homebuyers Program for Utah

Thursday, June 19th, 2008

This is the second in a series of articles regarding first time homebuyers assistance programs for the Lake Powell area. See first article here.
While not all people qualify for the assistance programs if you are interested in buying Lake Powell real estate, either in Utah or Arizona, these programs are readily available.
Utah has a program […]

HUD, Rating Agencies, The Big Three, and The Ongoing Mortgage Mess

Tuesday, June 10th, 2008

In an attempt to try and get a grip on what has happened in the mortgage mess I read a lot. Tonight there was a interesting article on MSNBC (see article here) about the part HUD, Housing and Urban Development, has played in the current situtation. That situtation being the expected 3 to 4 million […]

Lake Powell Real Estate - First Time Homebuyers Assistance Program

Thursday, May 22nd, 2008

Folks interested in owning a home or land in the Lake Powell area should be aware of the first time homebuyers assistance programs.
Because the Lake Powell real estate area encompasses two states, Arizona and Utah, we’ll discuss assistance programs in both states. This post will address the Arizona assistance program offered through NACOG the Northern […]

FHA Increases Limits Nationwide - Stats for Kane County and Coconino County

Friday, March 7th, 2008

Last week, President Bush signed into law a $152 billion economic stimulus bill that includes temporary increases in loan limits for the government sponsored enterprises ie. Freddie Mac, Fannie Mae and FHA until December 31. In order to help sort all of this out Realtor.Org has put up a page explaining the new loan limits […]

Nehemiah Hud Lawsuit Statement

Tuesday, March 4th, 2008

On March 3, 2008 Nehemiah officials released a statement regarding the ongoing lawsuit with HUD.
Background: Nehemiah is the largest of the privately funded, non-profit, downpayment assistant programs. In October 2007, HUD ruled to ban private downpayment assistance programs. Nehemiah has been fighting this ruling through the courts and today was successful in having the HUD […]