Lower FHA Loan Limits For 2014

Lower FHA Loan Limits For 2014 Hud just release Mortgagee Letter HUD No. 13-184 HUD ANNOUNCES NEW FHA LOAN LIMITS for 2014 TO TAKE EFFECT JANUARY 1ST The existing FHA loan limits for 2013 around the country were the result of HERA Housing and Economic Recovery Act of 2008, which is not going to be extended this year. HUD has now announced that those FHA Loan Limits for 2014 are lower. You … [Read more...]

No Enforcement of MARS Rule against Real Estate Agents

FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short Sales Today, July 15th, the Federal Trade Commission issued a Press Release found here that notices the Real Estate Community that they will not enforce certain provisions of the MARS rules against Real Estate Agents. "As a result of the stay on enforcement, these real estate … [Read more...]