Congressman Rubén Hinojosa  COLLABORATES WITH  USDA TO SAVE THE  SECTION 502 SINGLE FAMILY HOUSING GUARANTEED LOAN PROGRAM Washington, DC – U.S. Rep. Rubén Hinojosa (TX-15) was informed by the United States Department of Agriculture (USDA) that Secretary Tom Vilsack has authorized the issuance of Conditional Commitments for USDA’s Section 502 Single Family Housing Guaranteed Loan [...]

Legislative Update USDA Funding The USDA extension has been attached to an Appropriations bill (we have been told it is a Defense Authorization bill).  While the extension of the program still appears likely prior to Memorial Day, it is a volatile situation in light of the uncertainty surrounding the timing of  financial reform legislation currently [...]

What I hope to be able to accomplish with this blog is to make sure that borrowers (and Realtors) know that the loan officer is your advocate when preparing your loan for review with their underwriters and processing staff.  Loan officers have a responsibility to not only our employer but to our borrowers – a [...]