Tag Archives: FHA

Justice Department sues leading mortgage company

The Department of Justice is suing a San Diego-based lender for alleged violations of the False Claims Act. Guild vehemently denies the merit of the government’s complaint, and intends to fight it, according to the company’s CEO. A complaint has … Continue reading

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Look what Bank of America has done

Bank of America has launched a new mortgage product which allows homebuyers to make a downpayment of just 3 per cent with no requirement for mortgage insurance. It is seen as a swipe at the FHA which requires insurance for … Continue reading

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Is Buying Real Estate A Risk ?

Real estate buying is always a risk. Like any other type of investment, there is the chance that you could end up making a bad decision. However, if you think about the property (land and house included) as an investment … Continue reading

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