Product Details
Efforts to enhance and expand the FHA mortgage program are on the fast track in Washington as both the administration and lawmakers are looking to throw a life line to American homeowners facing rising foreclosures as a result of an unprecedented credit crunch and resetting loans.
Find out how you can take advantage of the new FHA with a must-attend new audio conference from Inside Mortgage Finance.
After once commanding a 20 percent share of new originations, FHA loans accounted for just 1.8 percent of mortgage volume in 2006. But FHA activity climbed in the second quarter as more lenders started using the program as an alternative to subprime products. And now the FHA program is poised to grow by leaps and bounds thanks to lower downpayments, higher loan limits and risk-based pricing.
Hear and Speak With Industry Experts:
- Margaret Burns, Director of the Office of Single Family Program Development at the FHA, will provide details about the new changes;
- Tom Rzeszut, SVP Product Management/Enterprise Risk Management at Countrywide, and Eric Weinstein, CEO and Founder of Carteret Mortgage Corporation, will provide the lender perspective;
- Jane Dwight, Managing Partner at Concentrance Consulting Group, a firm with extensive knowledge of the FHA programs, will share her insights; and
- Guy Cecala, Publisher, Inside Mortgage Finance Publications, will moderate.
Here’s Some of What You’ll Learn from This Live 90-minute Session on 10/24/07:
- How the new changes will make FHA a more profitable choice for your business;
- Details about the new FHASecure plan and risk-based pricing;
- Why a large number of conventional borrowers are refinancing into FHA products;
- Insight and strategies from lenders that are well-experienced using FHA loans;
- How many subprime borrowers can avoid foreclosure by refinancing with FHA if their credit problems began when an ARM reset;
- The latest details on FHA reform legislation to raise loan limits and lower required downpayments;
- Why more lenders will offer FHA insured loans, pool them, and securitize them with Ginnie Mae;
- Additional changes the FHA has on its drawing board.
Your Audio Conference Registration Includes:
- Conference attendance for you and your team around your speakerphone at one site;
- A very useful resource—the conference manual—which includes a program outline, contact information and background on our speakers, plus additional value-added articles from the pages of Inside Mortgage Finance;
- A full transcript, emailed to you when you take our post-conference survey; and
- The opportunity to connect with any or all of the speakers anonymously during the audience Q&A sessions.
REGISTRATION DEADLINE: Registrations accepted until 1 PM ET on October 24, 2007.
REFUNDS: Cancellations before 5 PM on October 22, 2007, may receive a full refund less a $25 service charge (no refunds after receipt of conference manual).
You will receive an email confirmation shortly after you complete the registration.
Call (301) 951-1240 if you have any questions.