24
Sep
09

FHA Credit Score Changes Emerging- Death List from Washington.

New score requirements are starting to surface from lenders in the wake of last Friday’s FHA announcement- I share what those new score requirements are and some other communist politics that are going on.

Links & Docs

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Save Borrower Choice R1366- Reg. Z- Comment Now

Realtor Action Center

Short Sale and Foreclosure Resource Certification

HVCC Petition:

First Time Buyer Tax Credit Form 5405:

Amendatory Clause

HUD/FHA Required Repair list

OR-HR2801 Ron Wyden:

OR-HR 2801 Jeff Merkley:

WA-HR 2801 Jim McDermott

WA-HR 2801 Brian Baird

HUD/FHA Required Repair list

Referrals:

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Real Estate Photography Service

Priority Appraising

DM Barnes Home Inspections

Wagner & Associates Insurance & Financial Services

AOIT Consulting

Berit Homes Inc.

Rochelle Meucci

Clean That Listing-    email:   rose_re@comcast.net

For questions about specific topics or loan scenarios email me at: jeff@calljeffmiller.com

Mortgage no white egde

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6 Responses to “FHA Credit Score Changes Emerging- Death List from Washington.”


  1. 1 deborah giles
    September 24, 2009 at 10:20 AM

    Hi Jeff,

    Based on today’s comments (communist politics, Barney Frank), please remove me from your mailing list.

    Thanks.

    • 2 calljeffmiller
      September 24, 2009 at 11:47 AM

      I apologize if I offended you by my comments today. My intention is to never cross any lines into offensive territory. I should have stated the facts and left my opinions on the sidelines. I will say however that in light of this news….. one has to wonder what on earth is going on in Washington DC, and why eliminating an entire industry would somehow be good for the American consumer. There has to be some sort of agenda behind the proposed legislation. I suspect that if the entire financial oversight arm of the government was coming in to crush your industry you may have something to say about it…. I will remove you from the list…. sorry that I offended you!

  2. 3 Karla Divine
    September 24, 2009 at 11:05 AM

    I really enjoy your short rant every day BUT today you lacked credibility by referring to Timothy Geitner as President Obama’s financial guy……Timothy Geitner is Secretary of U.S. Treasury, an important title, and much more than an advisor. He sets policy and is directly responsible for making big decisions that affect our economy. I am sure you know this, but it sounded as though you did not know this or that you were dumbing down your comments.

    Keep up your excellent insights into the real estate and lending market. I see you as kind of the Jim Kramers of our market place.

    Karla Divine, Broker
    503-819-6923

    • 4 calljeffmiller
      September 24, 2009 at 11:47 AM

      Yes, you were right I was dumbing down the comments in order to not sound all “high and mighty” I am aware of his title and responsibilities as well as Barney Frank’s title and responsibilities… I had been criticized by other viewers of dealing with specifics and to many numbers as it gets confusing to some. In my attempt to make it “child like” in my presentation this morning. I left out the weightiness of the people involved and who they actually are. In the future I will not “dumb down” the information in my attempt to play to the less educated view base. I feel it is important to appeal to the majority of the viewers, but I am finding out from your comments and actually one other comment today… that I may have been to “grade school” this morning. Thanks for keeping me on my toes this is what makes this video valuable to our community… keep it up!

  3. 5 Tom Schwenzer
    September 24, 2009 at 2:42 PM

    Jeff,

    Thanks for responding to the feedback as I can see you have.I think those that talked you into “dumbing down” need to do some “smartening up” instead. I appreciate the real time aspect of your blog, but think this was an off day. Links for calls to action are good and you are providing a service that has value.

    • 6 calljeffmiller
      September 24, 2009 at 3:18 PM

      Tom,
      thanks for your comments, you are right it was an off day. I am quickly realizing that I underestimated the real estate community. I took the 2 comments I received about being to “technical” and applied them to the entire audience. I obviously made a mistake and gladly accept it. Therefore, I will from now on make sure to keep things understandable but make sure they carry the weight they should. Your comments are much appreciated and welcomed anytime. We truly have an aware and educated real estate community here in the Portland Metro Area. I will treat it that way in the future. No more dumbing down. Thanks again!


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