Tag Archives: Policy

FHA Policy Changes Being Considered

Some big buzz going around is about the new policy changes that the FHA is considering.  We get some great emails from Chris McLaughlin who sends out some of the most informative emails I get about the latest changes in the real estate world. I highly suggest signing up for his email newsletter.  Below is an update he sent out yesterday.

The Federal Housing Administration (FHA) is considering three policy changes to boost its capital reserves. Under the changes, newRead more

CitiMortgage Changes Short Sale Policy Again!

On this week’s Preforeclosure Daily Grind “Tip of the Week” we dive into the 3 latest lenders that have changed their short sale policies when they are in the 2nd lien position. Listen in as we go over how Wells Fargo, CitiMortgage and SLS (Specialized Loan Servicing) is now asking for more and more money, our brand new “Action Plan” module for our PropTrackr.com System, what the Home Equity division of Wells Fargo is requiring from 3rd Party negotiators and …

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