Mortgage News

Max Leaman – PrimeLending – (800) 301-3405

This section of the website has the latest news, information, and money-saving tips and advice for nationwide mortgage borrowers.

Featured Articles

FHA Increases MIP April 2012 – The Federal Housing Administration (FHA) has announced that a new premium structure for FHA-insured single family mortgage loans will go into effect April 1st and June 1st. The new premium structure was developed to bolster capital reserves and protect FHA’s Mutual Mortgage Insurance (MMI) Fund.

Understanding HVCC & HERA Guidelines – The Housing Economic Recovery Act (HERA) contains an amendment to the Truth-In-Lending Act (TILA), named the Mortgage Disclosure Improvement Act (MDIA). What happened? Going into effect on July 30, 2009, the Housing Economic Recovery Act (HERA) contains an amendment to the Truth-In-Lending Act (TILA), named the Mortgage Disclosure Improvement Act (MDIA).

HERA & HVCC Guidelines – Frequently Asked Questions (FAQ) – Answers to Frequently Asked Questions (FAQ) about the Housing Economic Recovery Act (HERA), Truth-In-Lending Act (TILA), Mortgage Disclosure Improvement Act (MDIA), and the Home Valuation Code of Conduct (HVCC). These new government guidelines have been adopted by Fannie Mae and Freddie Mac.