The House just passed a measure raising the limit to $500k. The Senate is supposed to be considering a jump as high as $625k in certain metro areas. Anybody know when the Senate debate will be and when the change might be implemented if they approve it?

Will foreclosure mess help home sellers? As foreclosures grind to a halt across the country, could this be a great opportunity for some home sellers? In recent weeks, lender documentation issues have forced many major lenders to suspend foreclosures, removing thousands of properties with delinquent mortgages from the market. Read more on Bankrate.com

The FHA home loan Process Four easy steps to your FHA loan! 1. Applying for an FHA home loan. Applying for an FHA home loan through FHAmortgageFHAloan.com is simpler than ever before. We have combined the speed and ease of the Internet with the hands on approach that our FHA home loan applicants have come [...]

West Bank levee work could come at expense of east bank projects Plan will add height to 16 miles of levee between Algiers and the Oakville community in Plaquemines Parish Read more on New Orleans Times-Picayune

Fitch Rates CMLTI 2010-10, Resecuritization Trust Certificates, Series 2010-10 NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned ‘Asf’ ratings with Stable Outlooks to six classes of Citigroup Mortgage Loan Trust 2010-10, Resecuritization Trust Certificates, series 2010-10. A full list of rating actions follows at the end of this release. This transaction contains certain classes designated as Regular [...]

www.socalfhahomeloans.com FHA 203K loans for buying and repairing a home.

Bank of America Sued by Florida Borrower Over Loan-Modification Practices Bank of America Corp. , the largest U.S. bank by assets, was sued by a Florida mortgage borrower who accused the bank of violating the federal government’s home-loan modification program to increase profits. Read more on Bloomberg

What happened to this? (Prediction for 2008: the housing market will recover and another stock market bull run after it hits a low of 12000. America is rich; foreigners will continue to trust us) I just read this prediction that was given just a few months ago. And this was a MAJOR economist talking, not [...]

www.helpUmodify.org is a not for profit consumer advocacy project helping distressed homeowners avoid the lures of empty promises and predatory tactics of sub-prime modification outfits trying to collect upfront fees for promises of results. This is the first in a 3 part series that explains the loan modification process from application to acceptance. The purpose [...]

“Bank Owned ON THE WATER?!” — No way can you beat “steps to the sand” and still squeeze in bank owned in the same breath. Check this one out (it stars an unsuspecting host).Tour this Hot Bank Owned Home of the Week in the Beaches of San Diego with Jesse Ibanez, CDPE, SFR, GREEN a [...]