Mon, 06 May 2013Today, Fannie Mae and Freddie Mac announced the companies will only purchase mortgages complying with the new Qualified Mortgage standard. This policy announcement means that beginning in 2014 Qualified Mortgages will be the only option for most Americans who want to purchase or refinance a home. Read more… Thu, 02 May 2013On Wednesday, April 24, the Federal Housing Administration (FHA) hosted a 90 minute webinar to address concerns and questions related to the FHA Condominium Approval Process. Regulators presented a Power Point to all attendees and answered questions at the conclusion of the presentation. The webinar was open to the general public. A copy of the presentation given by FHA was made available to CAI and can be viewed here. Thu, 04 Apr 2013On Wednesday, April 24, the Federal Housing Administration (FHA) is hosting a 90 minute webinar to address concerns and questions related to the FHA Condominium Approval Process. Members who are interested in learning more about FHA’s new mortgage qualification process are invited to participate in this event. Read more... |