![Monthly FHA Purchase Mortgage Data Chart](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8q1Inv91CrBfLGUAaGhZ1i1XVo11gFMsIOT3SczMWF6BALfYhKEuYg1zO1mxz1moVNMBlvfXEq6TN1fFwgb11TQ2XKstgxXd920nw-pUjKq-qN8eTSC1vV5zBCgDsskNjL_4fc_eiRcBl/s400/FHApurNov08.png)
FHA purchase money mortgage endorsements for November 2008 was 78,824 units. This was a large decline from October when FHA endorsed 107,357 purchase mortgages. This decline in FHA purchase endorsements is partially a seasonal adjustment. Another contributor might be that as of October, seller assisted down payment assistance through a non profit organization is no longer eligible for FHA mortgage insurance.
Soon we might be asking "
where is DAP ... now that we really need them?"
1 comment:
The Obama Loan Modification Program aims to help those people who are planning to avail of a loan, or for the borrowers having difficulty in paying their debt.
obama loan modification california
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