Disclosing the Details

first_img Demand Propels Home Prices Upward 2 days ago Share Save FHA Mortgage Notice House Resolution 2017-08-23 Joey Pizzolato The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago A new bill could change requirements in the National Housing Act if it succeeds the long road to becoming law. House Resolution 2777—Give Veterans Home Loan Choices Act of 2017, aims to require that a Federal Housing Administration (FHA) mortgage notice to a veteran include information that compares Veteran Affair (VA) loan information along with information about conventional loans and FHA loans. Currently, it is not a requirement under the Informed Consumer Choice disclosure to include information about VA loans.Originally introduced by Representative Marc Veasey (D-Texas) in June, the goal is to help veterans make an informed decision when deciding which route to take when buying a home.“Homeownership is a pillar of the American dream and a goal that should not be out of reach for our nation’s veterans,” said Congressman Marc Veasey. “That is why I am committed to ensuring that the brave men and women who serve our country have access to the benefits they’ve earned and are provided the information they need to make an informed decision when purchasing a home.”The bill currently has 13 co-sponsors, including Rep. Colleen Hanabusa (D-Hawaii); Sheila Jackson Lee (D-Texas); Eleanor Holmes Norton (D-Washington D.C.); Sandord Bishop Jr. (D-Georgia); Mark Takano (D-California); Dwight Evans (D-Pennsylvania); Donald Norcross (D-New Jersey); Gene Greene (D-Texas); Kyrsten Sinema (D-Arizona); Raul Grijalva (D-Arizona); Daniel Lipinski (D-Illinois); Norma Torres (D-California); and Eric Swalwell (D-California); and is sponsored by a handful of organizations, such as the Association of the United States Navy, National Military Family Association, Association of the United States Army, Reserve Officer Association, and the Veterans Association of Real Estate Professionals (VAREP).As of Wednesday, the bill has referred to the House Armed Services Committee. According to G-II Varrato, the AZ State Director for VAREP and the Chairman of VAREP National Legislative Committee, this bill has been in the works for four years, and is a “multipronged effort.”The first hurdle the bill had to overcome was to require the loan application to ask the potential borrower if he/she has ever served. According to Varrato, that piece of information has been missing from the application since 1944 when the loan was created.“Because of that,” Varrato said, “over 65 percent of the veteran community are disenfranchised—missed out on this loan product.”VAREP succeeded in altering the loan application in 2016; the new application will go live in December of 2018.The second piece of the puzzle, which the Veasey’s bill is currently trying to do, would be to require the side by side comparison. Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Tagged with: FHA Mortgage Notice House Resolution Demand Propels Home Prices Upward 2 days ago About Author: Joey Pizzolato Home / Daily Dose / Disclosing the Details Related Articles Subscribecenter_img  Print This Post Previous: Mortgage Deduction Possibility Causes Uncertainty Next: Making Amends August 23, 2017 1,143 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Headlines Disclosing the Details Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Lincolnshire couple are first PING Family Fourball champions

first_img4 Sep 2016 Lincolnshire couple are first PING Family Fourball champions Lincolnshire couple Spencer and Julie Gooderson became England Golf’s first PING Family Fourball champions today at Gainsborough Golf Club.The husband-and-wife team from Spalding Golf Club (Image © Leaderboard Photography) topped an impressive inaugural leaderboard with 48 stableford points – and led a great celebration of the family game.The competition was open to relatives playing in any combination and appealed to couples, mothers, daughters, fathers, sons, sisters and brothers, who ranged in age from 12 to 75.  One father and son live over 100 miles apart and entered for a get together, while a father and daughter flew the flag for family golf with Union Jack inspired clothing (pictured below).This new competition follows the enormous success of the PING Women’s Fourball, which has its 11th Plate and Grand Finals tomorrow and on Tuesday. Dave Fanning, PING Europe’s Marketing Director, said: “We and England Golf both wanted to put on an event which was inclusive of everyone who plays golf. It’s been a huge success and we have really enjoyed hosting this. Hopefully we can make it bigger and better and continue to grow the game of golf at every level.”Spencer Gooderson, who plays off six, commented: “Golf is a great family sport. There aren’t many sports where the whole family can play together on level terms.”The Goodersons entered with Spencer’s parents, Peter and Olive, while their 10-year-old son, Louie – who has just got his first 28 handicap – walked round with them. “We’ve covered the whole spectrum,” laughed Peter. “They won and we came last!”Julie, who took up golf only two years ago and has a 29 handicap, added: “It’s been fantastic, I’ve loved it – and not just because we won.”The Goodersons led a packed leaderboard. The runners-up were father and son, Paul and Daniel Plant, of Bondhay Golf Club, Yorkshire, who scored 47 points and pipped another father and son on countback, John and Rob King of Eaglescliffe, Durham.The Plants also played in family force, with mum Amanda partnering her other son, Adam, who celebrates his 15th birthday tomorrow. “It’s just been brilliant,” she said.They’re all fans of family golf, but Paul said: “We never pushed the boys to play but they started when they were five and seven. We just go out and enjoy it.”Daniel, 17, is now the Bondhay junior captain and today he gelled well with his dad, who added: “It wouldn’t have mattered if we had finished last, we’ve enjoyed it.”The Kings are both members of Eaglescliffe but rarely play together at the club. “I play with the old ’uns and he plays with the young ‘uns,” said John. However they had an outing together earlier this year and grabbed this opportunity – but once again missed out on top spot. “We’ve never won anything in 25 years of playing together!” said Rob.They’ll be playing more family golf at their club next week when they’ll each be partnering one of Rob’s sons in a generation game competition.Click here for full scoreslast_img read more