FHA changes in lending rules

Looks like FHA lending rules are getting a little easier. “Self-Employment Income The changes to self-employment income policies affect calculation and documentation of business income where the borrower does not have a history of business income distributions. ...

Chinese money flowing into Ca.

Quotes from CNBC “China’s economic slowdown and stock market gyrations are likely to spur more of its wealthy to put money overseas—particularly in the U.S. 61 percent of the rich Chinese surveyed in July plan to increase their overseas holdings over the...

rehab drama 4

we are still not closed. More last minute title crap. They want some paper from the seller AT THE LAST MINUTE. and and the seller is in the hospital. Got a great escrow agent who is sending a notary to him to get it signed. He was not ansering his phone so we called...

Housing continues to improve

Freddie Mac Deputy Chief Economist Len Kiefer said “Housing markets are the strongest they’ve been in years with the National MiMi above 80 for the first time since 2008. “While home prices are still 7 percent below peak values nationally, price indices in...