Sacramento Association of REALTORS® Web Log » Real Estate Finance http://www.sacrealtor.org/blog SAR Communications and News Fri, 10 Feb 2012 17:24:33 +0000 en hourly 1 http://wordpress.org/?v= The Cost of Working with FHA is Going Up Again http://www.sacrealtor.org/blog/2011/03/11/the-cost-of-working-with-fha-is-going-up-again/ http://www.sacrealtor.org/blog/2011/03/11/the-cost-of-working-with-fha-is-going-up-again/#comments Fri, 11 Mar 2011 23:21:43 +0000 Scott Short http://www.sacrealtor.org/blog/?p=3036 On Friday, January 28th, HUD/FHA extended the “Less Than 90-Day” flip rule. Now trying to find a lender who will allow the seller to resell for 20%+ over what they bought it for is becoming more difficult.

Last October HUD/FHA increased the Monthly Mortgage Insurance (MMI) cost from .55% to .90% for a 30-year [...]]]> http://www.sacrealtor.org/blog/2011/03/11/the-cost-of-working-with-fha-is-going-up-again/feed/ 0 Real Estate Finance Forum – The Year in Review http://www.sacrealtor.org/blog/2010/12/09/real-estate-finance-forum-the-year-in-review/ http://www.sacrealtor.org/blog/2010/12/09/real-estate-finance-forum-the-year-in-review/#comments Thu, 09 Dec 2010 19:23:50 +0000 Scott Short http://www.sacrealtor.org/blog/?p=2864 All I can say is WOW! This year has not been boring. Game changing events happened almost every month.

We started out the year with total confusion in the mortgage industry due to the new Good Faith Estimate (aka: GFE 2010). It took most mortgage professionals at least a month or two to understand [...]]]> http://www.sacrealtor.org/blog/2010/12/09/real-estate-finance-forum-the-year-in-review/feed/ 0 About the Market – December 2009 http://www.sacrealtor.org/blog/2009/12/07/about-the-market-december-2009/ http://www.sacrealtor.org/blog/2009/12/07/about-the-market-december-2009/#comments Mon, 07 Dec 2009 16:30:27 +0000 Jim Hanson http://www.sacrealtor.org/blog/?p=1752

Jim Hanson - 2009 Real Estate Finance Forum Chair

This is my 24th and final article as the Chair of the Real Estate Finance Forum. What a blessing it has been to serve this Association and you, its Members. I wanted to take this opportunity to say thank you to all my faithful [...]]]> http://www.sacrealtor.org/blog/2009/12/07/about-the-market-december-2009/feed/ 0 ARRA tax credit monetization and neighborhood stabilization programs http://www.sacrealtor.org/blog/2009/06/04/arra-tax-credit-monetization-and-neighborhood-stabilization-programs/ http://www.sacrealtor.org/blog/2009/06/04/arra-tax-credit-monetization-and-neighborhood-stabilization-programs/#comments Thu, 04 Jun 2009 19:47:25 +0000 Greg Wilson http://www.sacrealtor.org/blog/?p=685 Monetization of the $8000 first-time home buyer tax credit found in the American Recovery and Reinvestment Act of 2009 is a hot topic these days. The FHA we’ve learned has issued a mortgagee letter (2009-15) regarding monetization of the credit.  Roxanne Campanella a Senior Customer Liaison working out of the Sacramento HUD office talked about some of [...]]]> http://www.sacrealtor.org/blog/2009/06/04/arra-tax-credit-monetization-and-neighborhood-stabilization-programs/feed/ 2 Fannie Mae makes an appearance at the Real Estate Finance Forum http://www.sacrealtor.org/blog/2009/05/07/fannie-mae-makes-and-appearance-at-the-real-estate-finance-forum/ http://www.sacrealtor.org/blog/2009/05/07/fannie-mae-makes-and-appearance-at-the-real-estate-finance-forum/#comments Thu, 07 May 2009 23:08:00 +0000 Greg Wilson http://www.sacrealtor.org/blog/?p=545 It has been nearly four years since a representative from Fannie Mae has visited SAR’s Real Estate Finance Forum. Collette Porter a Senior Account Manager for the Northern California region visited from Pasadena to highlight some of the ways Fannie Mae is supporting the current market. Responding to the level of REO properties on [...]]]> http://www.sacrealtor.org/blog/2009/05/07/fannie-mae-makes-and-appearance-at-the-real-estate-finance-forum/feed/ 0