• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000

U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000   January    9, 2017 Mortgagee    Letter   2017-01 To All FHA-Approved Mortgagees All Direct Endorsement Underwriters All FHA Roster Appraisers All FHA Roster Inspectors All FHA-Approved 203(k) Consultants All HUD-Approved Housing Counselors All HUD-Approved Nonprofit Organizations All Governmental Entity Participants All Real Estate Brokers All Closing Agents  Subject Reduction of Federal Housing Administration (FHA) Annual Mortgage Insurance Premium (MIP) Rates   Purpose This  Mortgagee   Letter  (ML)  communicates   revised  annual  MIP  rates  for certain  FHA Title  II forward  mortgages.   Effective Date This ML is

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FHA TO REDUCE ANNUAL INSURANCE PREMIUMS ON MOST MORTGAGES

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS ON MOST MORTGAGES Modest reduction expands credit access and reflects improved economic health of FHA WASHINGTON – As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums most borrowers will pay by a quarter of a percent.  FHA’s new premium

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Jupiter Mortgage Insurance Solves Lender-Buyer Dilemma

Jupiter Mortgage Insurance Solves Lender-Buyer Dilemma PMI is a set of initials that can be a bit perplexing—particularly for new Palm Beach County homeowners who are about to write their first mortgage payment check. They may notice it as a line item that adds a bit more to the payment than they had remembered…and then have that forehead-slapping moment

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U.S. seniors lock in reverse mortgages before rules change

By Margaret Chadbourn (Reuters) – American seniors grappling with strained savings following the deepest recession in generations will soon face new hurdles in tapping a tool some have used to help finance retirement: the federal government’s reverse mortgage program. An upcoming change in rules will cut the number of borrowers eligible to draw down cash against the value of their homes by 22 percent, according to an estimate from Reverse Market Insight,

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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