Stevens Strongly Defends FHA’s Financials

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3 Responses to “Stevens Strongly Defends FHA’s Financials”

Eric Hempler says:

November 15, 2009 at 5:31 am

So the media gets it wrong again. Big Surprise.
pam stanford says:

November 17, 2009 at 6:52 am

I knew Dave when he was at World Savings just before he left to join Freddie Mac.
Today, I learned he is to mandate full fees for appraisers, hooray. Now if he will also mandate the reasonable payment schedule as required by HVCC and spell out what a reasonable time frame is. I suggest the day the appraisal reports are ordered or the day they are turned in, no exceptions. Taking the float on our money, forcing us into bankruptcy or making it impossible to pay our bills on time is unacceptable which is what the HVCC has created. Once we collected our fees ourselves at the door of the customer, now we are being raped by the amc’s that are taking cash or credit cards up front and taking the float on our money, basically putting us in dire straits. Hope someone hut there gets my message to Mr. Stevens, maybe he can help with our plight.

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Things to Be Thankful for : Speaking of Real Estate says:

November 25, 2009 at 11:42 pm

[...] The FHA has been able to fill much of the vacuum in the secondary mortgage market caused by the failures of Fannie and Freddie, and appears to be committed to financing conventional loans. [...]

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