HousingWireHousingWire The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18, which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage (HECM) program claims proposed in July. The ML goes into effect on Sept. 28. Debenture interest refers to the percentage of a return…
Continue reading →Salem man sentenced to two years in prison for harassment of NHPR journalists A Salem, New Hampshire man was sentenced to more than two years in prison, and three years of supervised release, for his role in a conspiracy to stalk two New Hampshire Public Radio journalists, according to the…
Continue reading →HousingWireHousingWire Guild Mortgage announced on Wednesday the introduction of a new product line called the “Flex Payment Mortgage,” which includes Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages (HECMs), refinances, proprietary jumbo options and HECM for Purchase (H4P) loans. “Guild’s Flex Payment Mortgage is a suite of products combining federally-insured…
Continue reading →Most business owners are aware that most of New Hampshire’s municipalities have adopted zoning ordinances which regulate how land can be used. Businesses that are new to an area of the state, or that are growing and expanding, may encounter situations in which they need to seek relief from the…
Continue reading →HousingWireHousingWire Judge Andrea R. Wood, who is overseeing the two Batton homebuyer commission lawsuits and the Moehrl commission suit, has recused herself from the cases, according to a legal filing on Wednesday. In the filing, the Chicago-based U.S. district court judge said that it had recently come to her attention…
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