Foreclosure Volume Slated To Rise This Spring

foreclosure-increases-by-state-201202

After a series of months during which foreclosure volume was low, total filings have started to rise again, says RealtyTrac. In February, 21 states posted a year-over-year increase in monthly foreclosure filings, according to the national foreclosure-tracking firm. This is nearly twice as many … [Read more...]

FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

fha-ufmip-june-2012

The FHA is making more changes to its flagship FHA Streamline Refinance program. Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group's new, costly mortgage insurance … [Read more...]