Tuesday, March 6, 2012

Lehman BK, FHA Mortgage Insurance, HARP2

Well CNBC just announced lawyers made the biggest payday ever, billing 1.6 billion --SO FAR.... What's that like $4,500 a hour? 

FHA new MI goes into effect on April first, if you are planning on streamlining your FHA loan get your FHA case number assigned before that happens...

HARP 2 continues to be launched and we now have no CLTV limitation on DU Refi PLus loans, or loans owned by Fannie Mae. While this program will not pay off your second mortgage, it can substantially reduce your first mortgage rate and it doesn't matter how underwater you are.



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