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Gold News Network Show: 8/4/11

August 4, 2011 By Leave a Comment

Welcome to RE/MAX Gold – the premier real estate resource for BUYERS, SELLERS, INVESTORS and AGENTS! Explore our site and see all the information and resources we have available for you.

This week Don and Veronica see which lenders were hit with FHA Sanctions, what Congress is thinking about the mortgage interest tax deduction and they reveal J.D. Powers top ranked real estate company in customer service (hint, it starts with a RE/….).

Click below to view this week’s Gold News Network show:

Click on the articles below to learn more about the topics discussed on this week’s program, including links and more resources:

Miss past shows? Click each link below to past shows:

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GNN Supplemental 8/4/11: FHA Issues Sanctions

August 4, 2011 By Leave a Comment

A supplement to this week’s Gold News Network Show… FHA issued sanctions against 240 lenders, see who got the reprimand below.

Sanctions Issued Against FHA Lenders

The Federal Housing Administration’s (FHA) Mortgagee Review Board has announced sanctions against 240 FHA-approved lenders. The federal agency says these lenders failed to meet its underwriting requirements for home loans, which are designed to minimize the risk of default. Actions taken against the 240 lenders include reprimands, probations, suspensions, and civil money penalties. In addition, some lenders will have their FHA-approval revoked.

Check out the full FHA article here.

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GNN Supplemental 7/28/11: Drop In Conforming Loan Limits

July 28, 2011 By Leave a Comment

A supplement to this week’s Gold News Network Show… FHA and Conforming loan limits will drop DRAMATICALLY on September 30th.

Drop in Conforming Loan Limits on Horizon

FHA and Conforming loan limits will drop DRAMATICALLY on September 30th.  Bank of America has already lowered theirs for new loans, and others will follow suit.  We need Congress to take action now and extend the loan limits prior to them leaving for their August recess.  Early next week the U.S. Senate will consider amending the Military Construction Appropriations bill to maintain the current loan limits for at least another year.  C.A.R. and NAR support this effort and we need your help. Please respond to the NAR Call-for-Action NOW.  By responding you will be urging both Senator Feinstein and Senator Boxer to work to maintain the current loan limits through this amendment or some other means.

To respond and help make a difference for all of us, click here for the CAR Call to Action Page.

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Gold News Network Show, June 16, 2011

June 16, 2011 By 1 Comment

Welcome to RE/MAX Gold  – the premier real estate resourse for BUYERS, SELLERS, INVESTORS and AGENTS!  Explore our site  and see all the information and resources we have available for you.

  This week Don and Veronica get some tips and strategies from top-producing RE/MAX Agents, take a look at the up-coming CAR Expo and share a video on how to make BPO’s boost your income.  Also, CoreLogic provides an in-depth look at recent short sales transactions and the dynamic duo looks at the new Green Refinance PLus program offerd through FHA and Fanie Mae.

Click below to view this week’s Gold News Network show:

Click on the articles below to learn more about the topics discussed on this week’s program, including links and more resources:

Miss past shows? Click each link below to past shows:

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GNN Supplemental 6/16/11: “Green” Financing

June 16, 2011 By Leave a Comment

A supplement to this week’s Gold News Network Show… a new loan program announced from FHA and Fannie Mae.

Green Loans Making Energy Sense

FHA and Fannie Mae have partnered to offer Green Refinance Plus.  This program that allows owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy and water savings upgrades as part of a property upgrade.  Under the program, FHA and Fannie Mae will share the risk on loans to refinance existing rent-restricted projects while permitting owners to borrow additional funds to make energy-saving improvements to their properties.  This is a perfect story to send out to your database of investors or non-owner occupied clients demonstrating your knowledge of the market.

Click here to get more info on the Green Refinance Plus program. 

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