Tag Archives: HUD

22Feb/12
LeFrancis Arnold

C.A.R. Monthly Message from President LeFrancis Arnold

Dear Member, Last month, at the Board of Directors’ meetings in Indian Wells, many of you expressed concern over a proposal by the Federal Housing Finance Agency, Dept. of Treasury, and HUDRead More…
13Feb/12
CAR Logo

California to Receive $18 Billion in Mortgage Settlement

On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country’sRead More…
11Mar/11
Scott Short

The Cost of Working with FHA is Going Up Again

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 itRead More…