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Brett Nordin's Articles in Mortgage

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Bush Rate Freeze Proposal: Better than Nothing This article outlines Bush's plan to help homeowners with Adjustable Rate Mortgages that are resetting to a payment that is unaffordable. The hope of this plan is to prevent the increasing number of foreclosures, however, the plan falls short of expectations. Lessening the Credit Crunch for Consumers This article discusses what the U.S. Government is doing to help rescue homeowners and spur the housing industry. FHA Arizona: Slowing the Bleed FHA Arizona outlines how consumers, real estate professionals and builders can leverage Down Payment Assistance (DPA) programs and the FHA lending guidelines to stabilize property values and qualify more buyers to purchase a home. Proper wording for a purchase contract is provided.