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Mortgage Professor about Housing And Urban Development: | |||||||||||||||||||||||
Why Is Mortgage Servicing So Bad?
February 3, 2003, Revised December 13, 2004 Dissatisfaction With Mortgage Servicing The letter below is typical of many I have received on this theme. "I have had 3 mortgages by 3 different lenders, and the service I received after the loans closed ranged from poor ... more... How Do I Figure Escrows? September 6, 1999 "My loan officer tells me I need to deposit $1157 into an escrow account at closing to take care of future taxes and hazard insurance payments, but when I asked him where that number came from he said 'it is set by HUD' and was unable to explain it further. ... more... |
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Housing And Urban Development related definitions |
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FHA, Federal Housing Administration
FHA, Federal Housing Administration A division of the Department of Housing and Urban Development. Its main activity is the insuring of residential mortgage loans made by private lenders, issues loan guarantees to make more housing available. FHA also sets standards for ... more... Ginnie Mae, Government National Mortgage Association, GNMA Ginnie Mae, Government National Mortgage Association, GNMA GNMA or "Ginnie Mae," is an agency within the U.S. Department of Housing and Urban Development. A government-owned agency, it buys mortgages from lending institutions and pools them to form securities, which it ... more... |
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More about Housing And Urban Development Real Estate Auction Action - Buying A Home At Auction FHA 101 Buy FHA HUD Homes Reverse Mortgages More Favorable in '06 Where Did All The Farmers Go? What is Fair Housing? Accessibility Requirements for Fair Housing FHA Home Loan Information - Buying A Home With Help From The Government Should You Buy Hud Homes? Federal Housing Administration (FHA)
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