June 17, 2010
** Update** ON a point-of-order vote taken the Senate has now voted against the bill that contains the extension! Now the Senate Finance Committee will have to rework the overall proposal before another vote is taken. Once the Senate has finished, the House will have to take it up. Washington insiders do believe, though, that [...]
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June 1, 2010
This just in!! USDA is now issuing conditional commitments. What does this mean? Well, the good news is that we can now start once again funding USDA loans. There has been a change in the guarantee fee that is rolled into the loan. That fee was 2.00% and has been increased to 3.626%. This does [...]
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