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Are FHA Loans “Government Backed” Subprime Loans?

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JPMorgan Chase Claims That FHA Loans Are Government Backed Subprime Loans FHA loans that were originally intended to give first-time buyers easy access to mortgages are being compared to the very loans that contributed to the housing crisis. Kevin Watters, CEO of Chase Mortgage Banking told CNBC, “FHA requirements are down to a 520 FICO […]

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Are FHA Loans “Government Backed” Subprime Loans? Read Post »

CNBC Reporter Covers Steve Dibert

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CNBC Reporter Diana Olick Wrote A Great Piece About MFI-Miami on Her CNBC Blog In the aftermath of the financial crisis, a new breed of scam artists has emerged. The financial landscape has been flooded with loan modification companies. The vast majority of these are scams. However, the government has been slow to move to

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CNBC Reporter Covers Steve Dibert Read Post »

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