Featured Video Play Icon

Today past MBA President David Stevens gives us total clarity on what’s going on with FHA/VA loans.

Comments

comments

additional comments on
"Total Clarity on FHA/VA Loan Status with David Stevens"

Leave a Reply

Your email address will not be published. Required fields are marked *

  1. Jeff Glass says:

    Good Information, thank you.

  2. Sharon Moseley says:

    Thank you, very insightful.

  3. Ray McDoniel says:

    A credit rating adjustment will need to be made. If borrowers had late payments prior to being laid off, they go to the bottom of process. Those who were able to continue to make payments from their saving while laid off should get preferential treatment. If all the late payments started after a job loss and borrowers started making payments immediately after new employment date, they go second in line. The borrowers who had difficulty obtaining a job should be given a modification on current loan with a three year window to catch up. Let them stay in home and take care of it verses foreclosing and letting the property deteriorate, thus creating a major loss for the lenders. Those who make it evident they are taking advantage of the system should be foreclosed on and their loan should be allowed to be modified to allow real estate investors to assume the existing with 10% cash downpayment with a five year balloon. This will save Wall Street and lenders millions of dollars.

  4. Mindy Sturm says:

    Hello Frank and Brian, I have been watching your videos for 6 or more years easy. Love your videos and the information you share. I would like to learn more about Listing Booster and Keyboomer. Thank you for your help, stay safe and know your insight is appreciated greatly by this small business owner in Crested Butte Colorado. Mindy Sturm

  5. Matt Marshall says:

    Thanks for sharing. Very good information.