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FHFA Sends Notice of G-fee Increases for 5 States

September 21, 2012: 

The Federal Housing Finance Agency sent a notice to the Federal Register announcing a revised approach to guarantee fee (g-fees) charges.

Fannie Mae Expands Investor Financing Options

September 21, 2012: 

Fannie Mae recently announced expansion of it's Homepath Mortgage product that provides homebuyers and investors financing for the purchase of Fannie Mae-owned properties.

House Passes FHA Bill

September 14, 2012: 

Last week the House passed the FHA Emergency Fiscal Solvency Act of 2012, which strengthens FHA's financial solvency; allows FHA to collect losses from lenders who made material errors in underwriting or committed fraud; and strengthens financial oversight and disclosure.

FHA Issues Modest Changes to Condo Rules

September 14, 2012: 

The Federal Housing Administration (FHA) issued a mortgagee letter announcing modest improvements to the treatment of condos under the FHA program.

NAR Testifies on Terrorism Insurance Coverage

September 14, 2012: 

NAR urged Congress to extend the Terrorism Risk Insurance Act (TRIA) beyond its current December 2014 authorization to ensure that adequate insurance coverage is available for our nation’s businesses.

EB-5 Visa Bill Headed to the President

September 14, 2012: 

Last week the House passed S. 3245, which re-authorizes the EB-5 regional center program.

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