FHA Bailout Program Voted On Today By Senate Banking Committee

FHA Bailout Program Voted On Today By Senate Banking Committee
Today the Senate Housing Committee will be voting on a final version of the FHA Bailout program that will prevent 500,000 foreclosures, and fund over $300 Billion in new loans over the next five years. The plan is designed to help homeowners who are upside down on their mortgage, allowing them to refinance into an FHA loan at 85% LTV. That was the original plan last week, so there might be some modifications to the new final version. This plan was vetoed last week by the white house, and was no
Source: www.fusionfinancial.org

So you think you want to buy a foreclosure or a short sale???
So you think you want to buy a foreclosure or a short sale??? May 15, 2008     Finding and purchasing a foreclosure or short sale in Arizona isn’t the easiest thing to do (although almost anyone can do it).  With the right guidance, and some effort you’ll be on your way to achieving your goal of home ownership!  Here are a few tips to get you going.  
Source: ezlistazblog.com

Tags: foreclosure, home equity loan