Comments on: Stevens Strongly Defends FHA’s Financials

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

Things to Be Thankful for : Speaking of Real Estate — Wed, 25 Nov 2009 23:42:00 +0000

[...] 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. [...]

By: pam stanford

pam stanford — Tue, 17 Nov 2009 06:52:20 +0000

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.

By: Eric Hempler

Eric Hempler — Sun, 15 Nov 2009 05:31:55 +0000

So the media gets it wrong again. Big Surprise.