IMMAAG's Required Use Comments Submitted and available for review. - IMMAAG joined 858 other commenters in submitting its comments to HUD on Required Use. A copy of our comments is available by clicking here. If you want to go to the website and make a commetn (YOU ARE ENCOURAGED TO DO - PLEASE!) just click here and Search for FR-5352-A-01..
Did you miss the August 17th Conference on the Future of Housing? IMMAAG has updated its registered users about IMMAAG's impression of the four hour gathering and has made a summary of the conference available to subscribers by clicking here or on the Subscriber tab above.
AND THE FHA BEAT GOES ON -- CLICK ON THE LINKS BELOW TO LEARN ABOUT THE FHA COMMISSIONER'S AUGUST 5, 2010 MORTGAGE INSURANCE CHANGES WITH A SEPTEMBER 7, 2010 EFFECTIVE DATE: (OOPS, FHA WAS JUST KIDDING. VICKI BOTT ANNOUNCES A DELAY UNTIL OCTOBER 4TH - - AND THE BEAT GOES ON, FASTER! (You really can't hit a moving target! )
Click here to read the (corrected version) of the IMMAAG alert sent to our users and subscribers.
Click here to read the one page bill.
Click here to read Commissioner Stevens press announcement
Click here to access a voice-over video that provides a clear example of that helps explain the financial impact by using an Excel model. Our thanks to Brian Larrabee, Mortgage Revolution for this contribution. We are working on posting the model to the web site. In the interim if you after you view the video you want a working copy of the model just send an email to admin@immaag.com with MI Model in the subject and we'll reply with an attached copy.
FHA PUBLIC COMMENT PERIOD ENDS AUGUST 16TH - Only 882 Public Comments posted as of August 16, 2010 (PM)
The FHA proposes reducing seller contributions to 3% and in lower FICO-score cases reducing LTV to 90%. The public comment period ends August 16th. Registered users and subscribers click here to see the two paragraph summary from the July 15th Federal Register.
IMMAAG's EDITED VERSION OF FHA PROPOSED CHANGES - Available Now
IMMAAG's edited version of the full proposal for our registered users and subscribers is available here.
IMMAAG's prepared comments will be made available to our subscribers early in the week of August 9th.
IMMAAG's subscriber summary is available to subscribers NOW. Subscribers click here
The full, unedited Federal Register text of the FHA NPRM (Notice for Proposed Rule Making) is available here.
HUD REQUIRED USE PROPOSAL AND SUBSCRIBER SUMMARY AVAILABLE - 718 Public Comments as of August 16, 2010 (PM)
The full content (five pages) of HUD Proposed Rule Changes regarding Required Use is available here. The comment period ends 9/1/2010.
The IMMAAG Summary of the HUD ANPR is available for subscribers NOW. Subscribers click here.
Dodd-Frank Reform Bill Signed by President Obama - July 21, 2010. Get ready for next steps.
Dodd-Frank Wall Street Reform links and summaries are still available by clicking here
Your Congressional Contact Information - Click here