The Reno Sparks Association of REALTORS® has published their year-end market reports for the Reno-Sparks and Fernley housing markets. Click […]
Author: Guy Johnson
BofA’s new short sale and REO czar
In an effort to improve the wait times for the short sale approval process, Bank of America has named a […]
FHA allows a new purchase 3 years after a short sale
I’ve just received the following email from one of my local lender contacts. This is an interesting development regarding FHA […]
RESPA reform slows the escrow process
On January 1, 2010 new RESPA rules regarding the mandatory use of the revised Good Faith Estimate and HUD-1 Settlement […]
FHA reverses 90-day anti-flipping rules
Starting today the Federal Housing Administration is revising its long-standing 90-day anti-flipping rules. For much of the past decade the […]
Loan mod runaround
If you enjoyed Diane’s post about the difficulties she encountered in trying to get her lender to approve a short […]
First-time homebuyers IRS publication
The IRS has published an informational hand-out on the first-time homebuyers credit. This doc states the qualifications and timelines in […]
FHA announces lending policy changes
The Federal Housing Administration (FHA) has announced a set of policy changes to strengthen its capital reserves and manage its […]