Tag Archives: FHA

Another FHA 203k Renovation in Chino, Calif,

Posted on February 6, 2011 by admin

This owners of this Chino Hills House used a 203k rehab loan to fill in the old pool, paint the house and install a new furnace and air Conditioning system. Singer Construction specializes in 203k renovations in Chino, Norco, Orange … Continue reading →

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FHA Extends ‘Anti-Flipping Waiver’ to Speed Sales of REO Homes

Posted on January 31, 2011 by admin

The Federal Housing Administration (FHA) announced Friday that it is extending the suspension of its ‘anti-flipping rule’ through the remainder of 2011. FHA Commissioner David Stevens says the temporary waiver will accelerate the resale of foreclosed homes in neighborhoods that … Continue reading →

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Putting foreclosures on hold will cost lenders

Posted on September 3, 2010 by admin

In a letter sent to servicers, Fannie Mae said it will now review the compensatory fees due to servicers in cases where the government sponsored entity feel servicers are unnecessarily delaying foreclosure.  It says that loans “must not be put … Continue reading →

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Rehab a Home with HUD’s 203k loan

Posted on August 21, 2010 by admin

Orange County Contractors, Singer Construction, is an expert at working with banks and lenders doing 203k renovation projects. The Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD), administers various single family mortgage … Continue reading →

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