High End Bend

January 2010 - Posts

• HAFA

  As if we needed ANOTHER acronym, here comes HAFA! Unveiled at the end of last year, the new HAFA rules will take effect April of 2010. So what are these new federal guidelines? The HAFA program is a baby brother of the Home Affordable Modificiation Program. Read More... Posted Wednesday, January 27, 2010 11:07 AM by Alisha Alway Braatz | 0 Comments Filed under: short sales, government program for short sales

• RESPA RULES 2010

  RESPA, otherwise known as: Real Estate Settlement Procedures Act (phew, what a mouth full!) took effect January 1, 2010. These new federal guidelines were put in place to help the consumer understand their loan documents and settlement costs. The new Read More... Posted Wednesday, January 27, 2010 10:52 AM by Alisha Alway Braatz | 0 Comments Filed under: mortages, loan documents

• Mortgage Banker Assocation Predictions

  The Mortgage Banker Assocation ( www.mortgagebankers.org ) predicts the following numbers: Year 2010: First Q will see 30 year fixed rates at 5.4%, but by the Q4 expect 6.1%. Year 2011: 6.2% Year 2012: 6.5% Read More... Posted Friday, January 22, 2010 10:17 AM by Alisha Alway Braatz | 0 Comments Filed under: Buyer Information, home buying, mortages, interest rates

• New FHA rules

  As reported by Inman News yesterday--important financial news from the Adminstration is coming down the pipeline. "The Federal Housing Administration won't raise the 3.5 percent minimum downpayment requirement for mortgages it guarantees as long Read More... Posted Thursday, January 21, 2010 1:00 PM by Alisha Alway Braatz | 0 Comments Filed under: new home buyers credit, hud, fha, housing

• Attention Investors: New HUD Announcement

  HUD just announced that, effective February 1, 2010, they are suspending the FHA 90 Day Anti-Flipping Rule. With certain exceptions, such as HUD-owned and bank-owned properties, FHA currently prohibits insuring a mortgage on a home owned by the seller Read More... Posted Wednesday, January 20, 2010 3:03 PM by Alisha Alway Braatz | 0 Comments Filed under: flippers, investing, hud

• Sustainable Building

  Sustainable building is compelling territory for me. Considering today's advanced building technologies, there are no excuses for slap-chop new construction. Building America is a program I am learning more about everyday, as I take time to research Read More... Posted Monday, January 04, 2010 1:26 PM by Alisha Alway Braatz | 0 Comments Filed under: sustainable construction, Building America, Green building