FHA Home Mortgage Loan Interest Rates

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1. Short Sale Strategies

   The California Assembly moved a bill forward yesterday that would exempt California sellers (short sales) from taxes on the forgiven debt in a sale or foreclosure (to match the federal mortgage debt forgiveness act). California did this for a while, ....
   
   Neither Bank of America, SunTrust, nor GMAC have adopted the FHA issued directive on the waiver of the 90-day FHA Flip Rule, however.
   
   With other investors, the issue is not black and white. ...

1. MERS Cover-Up of REAL INVESTOR « Livinglies's Weblog

   On this transaction, GMAC Bank was never named in any document, no disclosure, nothing. Cherry Creek Mortgage Company was supposedly the ?Lender? in this transaction and is listed on HUD?1 as lender, was the entity which disclosed under the ... Hey RAJA the SEC is a false sense of security (pun intended) along with the OCC HUD OTS FTC FHA CFR ATF CIA FBI and all those other so called federal agencies that the only way you'd be able to fabricate thier legitimacy in the ...

1. Denied For HAMP Home Affordable Modification Program and I Don't ...

   I know we are only talking about a few dollars here but I am currently behind because of loss of job and have 2nd mortgage with GMAC that was 303 and got mod for 178. If my DTI should be 31% then my payment should be 904.27 with taxes ..... Welcome ? ok I don't agree with them using a national average for your income but they are NOT using a true HAMP program for your loan modification and the HAMP denial may be due to being 15 months behind as I believe FHA only allows ...