Blog Archive: May 2009

FHA Eligible Mortgage Lenders And Brokers

Federal Housing Administration (FHA) loans have very specific rules and regulations. Are mortgage lenders eligible to originate loans if they also have a real estate license, like from a previous career? We talked to a spokesman from the FHA and did a little digging in the FHA handbook to try to…

Topics: mortgage

New Residential Construction Declines In April

The Department of Commerce announced this morning that new residential construction declined in April in terms of building permits, housing starts and housing completions.

Here are the stats:
* 494,000 building permits issued, down 3.3 percent from March, down 50.2 percent from a year earlier
…

Topics: foreclosure

Today on the Ilyce Glink Show - May 17, 2009

Hard to believe it's almost Memorial Day. Today on the Ilyce Glink Show, I announced that I'll be filling in for Clark Howard on Friday and Memorial Day Monday in addition to another live show next Sunday. I hope you can tune in.

Meanwhile, we had a great show today. Here are some of the highlights…

Topics: mortgage

Where Should Your Tax Dollars Go?

Real estate attorney Sam Tamkin responds to a reader who is upset by hearing about taxpayer dollars being used to help people stay in their homes.

I don't mind paying taxes for things that I can see the use for: roads, public safety, garbage collection. And I don't mind helping people who can't help…

Topics: mortgage