The Federal Housing Administration will stop insuring new mortgages on homes with PACE loans, a type of controversial financing used to fund energy-efficient home improvements. The announcement Thursday follows criticism from consumer groups that too many borrowers have taken out unaffordable loans...

BING NEWS:
  • The Fed Is Making 2 Huge Mistakes
    Fed Chair Powell Must Accept "Slow Growth Forever" For the next several decades, and maybe forever, the global economy is going to grow at a slower pace than it did from 1946 ... normalizing for a reality that no longer exists. He is normalizing for ...
    04/17/2018 - 5:19 am | View Link
  • Weekly Commentary: Market Realities
    The "additional $100 billion" may have been a negotiating tactic, but no longer can it be taken for granted that ... fewer households refinance their mortgages. And the refinances that do get done are often very different than those initiated during ...
    04/7/2018 - 10:23 am | View Link
  • DAVID W. MYERS: FHA stops lending on homes with energy-efficient PACE liens
    Now, we've heard that the FHA will no longer insure mortgages that have a PACE assessment. So, where does that leave us? Are we going to have to refinance our current FHA mortgage with a non-FHA lender? ANSWER: Don't worry. Although the federal government ...
    01/20/2018 - 1:01 pm | View Link
  • Here’s why the FHA has stopped lending on homes with energy-efficient PACE liens
    Now, we’ve heard that the FHA will no longer insure mortgages that have a PACE assessment. So, where does that leave us? Are we going to have to refinance our current FHA mortgage with a non-FHA lender? ANSWER: Don’t worry. Although the federal ...
    12/29/2017 - 12:11 pm | View Link
  • FHA to Cease Insuring Mortgages With PACE Loans
    The Federal Housing Administration (FHA) is ceasing to insure mortgages on homes participating in the Property Assessed Clean Energy (PACE) program ... “FHA can no longer tolerate putting taxpayers at risk by allowing obligations like these to be ...
    12/12/2017 - 8:03 am | View Link
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BING SEARCH:
  • Compliance Updates
    Compliance Corner (8/24/11) The GSE/FHA loan limits revert to “normal” as established by HERA. For FHA mortgage originated after September 30, 2011, the conforming loan limit is $417,000 for a one-unit property, and the maximum limit for a one-unit property in certain “high cost” areas of the continuous United States will be adjusted ...
    04/17/2018 - 2:50 pm | View Website
  • Hybrid Appraisals
    What are hybrid appraisals? They look like, feels like and acts like a 2055 exterior appraisal form but with one main exception.
    04/16/2018 - 11:53 am | View Website
  • Suing your HOA is suing yourself and your neighbors > HOA ...
    Suing your HOA is suing yourself and your neighbors. I post this several times. Wanted to use a new topic to explain how that happens. It may not be clear to some new to the lawsuit threats many HOA's face.
    04/15/2018 - 6:13 pm | View Website
  • HSH.com’s annual outlook: 2018 Mortgage and Housing Market ...
    HSH's annual outlook for mortgage rates, the Fed, home sales, home prices, regulations, reforms and other items that will affect the mortgage and housing markets during the year.
    04/15/2018 - 4:47 pm | View Website
  • California State Association of County Auditors | calsaca.org
    The CalSACA Website is a valuable source of information for all of us. We’ve had many new auditor-controllers join us in recent years and I encourage them (and their staff) to especially use the Website to learn more about our organization and the many issues that confront us in our day-to-day responsibilities.
    04/15/2018 - 3:43 pm | View Website
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