HUD Archive

Educating Clients on HUD

By Ryan Fitzgerald Given the large financial requirement of buying a home, it’s often out of reach for a large portion of the U.S. population. The economic recession, which was triggered by the collapse of real estate and mortgage...
June 22, 2017

The Additional Expenses of Buying a HUD Foreclosure

By Lynn Minnick Although I’ve been in real estate for 10 years now, I just closed on my first HUD foreclosure.  We haven’t had that many in my market (yet!) and so far I’ve somehow managed to avoid them. ...

HUD Seeks Public Comment: This Means You

By Nobu Hata The skinny: The Department of Housing and Urban Development is seeking public commentary through Aug. 14 on three “measures” that “reduce financial risk and preserve affordable mortgage financing for responsible consumers.” The measures: 1.     Update the...

Time to Brush Up on the Fees and GFEs

By Nobu Hata With the down market and the inevitable mass exodus of “those” loan officers, you’d think we could rest easy knowing that the loan officers left would be – for lack of a better word – decent....
June 11, 2010

FHA Condo Financing & Stunting Real Estate Recovery

By Laura Rubinchuk When I heard about the new FHA DELRAP/HRAP guidelines for condo financing, my gut reaction was, “Well, I might as well go find another job.” Some of the subjective guidelines for the new approval process will...