• Mortgage Talking Points^TM flyer - "How the Mortgage Acts & Practices" Rules Affect Real Estate Agents & Builders
• Types of Advertising/Marketing outlined in the ACT

• Mortgage Talking Points^TM flyer - Rules When Selling a Home if in Foreclosure Redemption Period
• Rules that apply.

• Mortgage Talking Points^TM flyer - Maximum Seller Contribution Chart: Fannie, Freddie, FHA, VA and USDA
• Owner Occupied LTV/CLTV
• Non-Owner Occupied
• FNMA Homepath

• Mortgage Talking Points^TM flyer - Protect Your Clients from the Latest Loan Modification Scams
• Description of the top 5 scams

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - How Do I Know if It's a Condo? — FREEBIE
  ************************************************************
• Definition of a condo
• So what should you do?

• Mortgage Talking Points^TM flyer - Rules for Dropping Mortgage Insurance: What you and your clients need to know
• Dropping conventional mortgage insurance rules
• Dropping FHA mortgage insurance premium rules
• Estimated number of years to drop mortgage insurance chart

• Mortgage Talking Points^TM flyer - How to Adapt to the New Disclosure Rules
• The Mortgage Disclosure Improvement Act
• RESPA & New Good Faith Estimate
• What to Advise Your Clients to Insure Smoother Transactions

• Mortgage Talking Points^TM flyer - Avoiding HUD Home Headaches: Tips on Buying HUD Foreclosures
• Key Points to Avoid Problems & Advise Buyers

• Mortgage Talking Points^TM flyer - MCC - Mortgage Credit Certificates, A Blast from the Past
• What is an MCC?
• Who is eligible?
• How is it calculated?

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - "Advertising Rules (RegZ) for Real Estate Agents and Builders" — FREEBIE
  ************************************************************
• Existing Advertising Disclosure Rates
• Updated Rate & Payment Rules
• Information for Printed Ads, TV, Radio Video and all other Oral Disclosures

• Mortgage Talking Points^TM flyer - What the New Market Condition Appraisal Is All About
• So what is the New Market Condition Appraisal all about?
• Requirements for declining market properties.
• What does it all mean to you?

• Mortgage Talking Points^TM flyer - Conventional Loan Limits for 2012
• General Loan Limits
• High-Cost Area Loan Limits

• Mortgage Talking Points^TM flyer - Fannie & Freddie Appraisal Quality Rating Codes Explained
• Fannie & Freddie (on 9-1-2011) will start requiring appraisers to include a "Quality Rating Code".
• Existing Property Rating Codes
• New Construction Rating Codes

• Mortgage Talking Points^TM flyer - Conventional Loan Rules - Home Repairs NOT Completed Prior to Closing
• In some cases, Fannie & Freddie will allow a loan to close where repairs have not been completed - provided the following conditions are met...

• Mortgage Talking Points^TM flyer - It's the Little Things That Count - Fannie & Freddie Rule Updates (Effective June 2011)
• Recent updates from Fannie and Freddie that can impact your clients.

• Mortgage Talking Points^TM flyer - Summary of All Waiting Periods for Derogatory Events (Fannie Mae vs. Freddie Mac)
• Derogatory Events
• Waiting Period Requirements
• Waiting Period with Extenuating Circumstances

• Mortgage Talking Points^TM flyer - House Swapping/Trade Equity - What You Need to Know
• Documentation & Details
• Highlights you should be familiar with

• Mortgage Talking Points^TM flyer - Energy Improvement Financing with Fannie & Freddie Can Help You Sell More Homes
• Eligibility
• Requirements

• Mortgage Talking Points^TM flyer - Show Me the Money: O.K. Sources of Funds
• Acceptable Sources
• Unacceptable Sources

• Mortgage Talking Points^TM flyer - Offering Rent-to-Own Option? The Road to a Conventional Mortgage Loan!
• Requirements for Fannie
• Requirements for Freddie

• Mortgage Talking Points^TM flyer - Seller-Held Second Mortgage Rules
• Did you know...
• Seller Second Guidelines
• What does it all mean to you?

• Mortgage Talking Points^TM flyer - HO-6 Condo Insurance Policy Simplified!
• What is it?
• What does it mean to you?

• Mortgage Talking Points^TM flyer - Take the Mystery Out of Financed Mortgage Insurance
• So, what is it?
• Which borrowers should consider financing MI?
• Why would you care?

• Mortgage Talking Points^TM flyer - What You Need to Know About Appraisals and Were Really Afraid to Ask!
• What it's all about (market conditions appraisal form).
• Why you should care.
• When will the new information be required.

• Mortgage Talking Points^TM flyer - Temporary Interest Rate Buydowns: How to Use to Sell OR to Purchase a Home
• Why use temporary interest rate buydowns?
• How it works - Conventional financing.
• Examples

• Mortgage Talking Points^TM flyer - How Your Clients Can Qualify for a Mortgage if on Temporary Leave from Job
• Examples of temporary leave income

• Mortgage Talking Points^TM flyer - Fannie HomePath & HomePath Renovation Programs - Incentives to Buy REO Properties - As of November, 2011.
• Fannie HomePath® - Real Estate Owned Properties
• Fannie HomePath® Renovation Mortgage Program

• Mortgage Talking Points^TM flyer - When Your Clients Want to Buy Extra Land: Conventional Mortgage Rules
• Fannie Mae may provide financing based upon a set criteria...

• Mortgage Talking Points^TM flyer - Escrow for Repairs - Existing Homes, Escrow for Completion - New Homes: What Fannie Mae Requires
• Existing Property Highlights
• New Property Highlights

• Mortgage Talking Points^TM flyer - Financing Multiple Properties - What You Should Know
• General Guidelines for 1-4 properties financed
• General Guidelines for 5-10 properties financed (Fannie Only)

• Mortgage Talking Points^TM flyer - MyCommunity Mortgage­® From Fannie Mae: Best Kept Secret
• Unique features.
• It does have some limits.

• Mortgage Talking Points^TM flyer - 97% LTV Conventional Loans Making a Comeback
• Details
• Examples to Compare

• Mortgage Talking Points^TM flyer - Rules for Buying a Home for a Family Member Using Conventional Financing
• The primary borrower DOES NOT have to occupy the property if...

• Mortgage Talking Points^TM flyer - Appraisal Independence Requirements (AIR) Frequently Asked Questions
• 7 Most Frequently Asked Questions are answered for you!

• Mortgage Talking Points^TM flyer - Buying a Second Home? 7 Key Mortgage Rules You Need to Know About!
• Second Home Requirements

• Mortgage Talking Points^TM flyer - Fannie Mae Summary of All Waiting Periods for Derogatory Events
• Derogatory Events
• Waiting Period Requirements
• Waiting Period with Extenuating Circumstances

• Mortgage Talking Points^TM flyer - Fannie Cracking Down on Foreclosure Redemption Periods
• How this generally works...

• Mortgage Talking Points^TM flyer - Advising Foreclosure, Short Sale and Deed-in-Lieu Clients
• Fannie defines all pre-foreclosure events
• Current waiting period VS. New waiting period requirements

• Mortgage Talking Points^TM flyer - Don't Close Late - Don't Close Ugly! New Rules Make for Bumpy Ride to Closing.
• Rules for: HVCC, MDIA, RESPA, LQI, HPML

• Mortgage Talking Points^TM flyer - HomeStyle® Renovation - The Conventional Alternative to an FHA 203k
• What types of properties qualify?
• Down payment required?
• Limitations?

• Mortgage Talking Points^TM flyer - Working with Real Estate Investors - Know the Conventional Rules!
• Highlights
• Qualifying
• Benefits

• Mortgage Talking Points^TM flyer - What Are The New Rules When a Client Buys a Home & Current Home is Not Sold or Not Going to Be Sold?
• New Fannie Mae Rules
• Current Home Pending Sale
• Existing Home Coverts to Second Home
• Existing Home Converts to Rental Property

• Mortgage Talking Points^TM flyer - How Seller Seconds Can Help Your Listings Sell Quicker and How You Can Qualify More Buyers
• How to put together a seller-second transaction.
• What info needs to be part of the 2nd mortgage document.
• Detailed examples of payment comparisons.

• Mortgage Talking Points^TM flyer - Freddie Mac HomeSteps® SmartBuy™ Incentives to Buy Foreclosed Homes (updated December 2011)
• First Look Program
• Home Buyer Incentives

• Mortgage Talking Points^TM flyer - The Low Down, on Low Down Payment Conventional Loans
• Fannie 97 Home Loans
• My Community Mortgage™
• Fannie Mae - Homepath & Homepath Renovation Mortgages

• Mortgage Talking Points^TM flyer - Freddie Rules for Buying a Primary Residence Without Selling Current Home
• Rule: Home on the market and purchasing new primary residence
• Rule: Converting primary home into second home and purchasing new primary residence
• Rule: Converting primary home into an investment property

• Mortgage Talking Points^TM flyer - Some Relief for Chinese Drywall Problem
• Some of the problems with Chinese Drywall
• Freddie Mac Relief Policy

• Mortgage Talking Points^TM flyer - Planned Unit Developments - Freddie - Keep it Simple
• What's a PUD?
• Are there special financing rules?

• Mortgage Talking Points^TM flyer - Best Practices for Property Flips
• What is a legitimate property flip?
• What transaction characteristics could stop your closing?
• How do you ensure a smooth process and closing?

• Mortgage Talking Points^TM flyer - Investors Wanted: FHA Flipping Waiver Extended to December 31, 2012
• All transactions must be arms-length with no inappropriate agreements
• When sales price exceeds sellers acquisition cost by more than 20%

• Mortgage Talking Points^TM flyer - FHA Maximum Loan Limits - November 18, 2011 to December 21, 2012
• Create a list of the Loan Limits in your area.

• Mortgage Talking Points^TM flyer - HUD Real Estate Owned (REO) $100-Down Sales Incentive Program
• Existing HUD appraisals will be used for FHA financing.
• The total FHA loan amount (including up-front MIP) cannot exceed the appraised value.
• HUD may offer a closing cost allowance.

• Mortgage Talking Points^TM flyer - FHA MIP vs. Conventional PMI: Which Is Better
• FHA Benefits
• Conventional PMI Benefits

• Mortgage Talking Points^TM flyer - Minimum Requirement for Well & Septic Systems for Home to be Eligible for FHA Financing
• Additional rules apply when FHA is financing a home with a well and septic system.

• Mortgage Talking Points^TM flyer - The Paper Trail: Rules for Verifying Gift Funds on FHA Loans
• Gift letter itself must contain the following verbiage...
• There are 4 ways to verify the transfer of the funds (only one is required)

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - 6 Types of Wood-Destroying Insects to Watch Out For — FREEBIE
  ************************************************************
• 6 types of wood destroying insects inspectors must report!

• Mortgage Talking Points^TM flyer - Loan Limit Changes in October 2011? What's Going On?
• The Differences between FHA & VA.

• Mortgage Talking Points^TM flyer - FHA: The Second Time Around
• Situations that allow clients to have more than one FHA mortgage
• Do they have to qualify for two mortgages? Not always.

• Mortgage Talking Points^TM flyer - Sales Concessions and the FHA Appraisal
• Types of Concessions
• Appraiser "must do's"

• Mortgage Talking Points^TM flyer - Stigmatized Properties and the FHA Appraisal
• Environment Examples
• Social Examples

• Mortgage Talking Points^TM flyer - FHA & VA Website Resources
• 3 FHA & 3 VA Website Resources

• Mortgage Talking Points^TM flyer - FHA Condo Approval/Recertification Process - Facilitate for More Sales!
• FHA financing is one of the lowest down payment programs available.
• FHA approval in a project means more qualified buyers.

• Mortgage Talking Points^TM flyer - Say "I Do" to FHA Bridal Registry Account
• Here's how it works...
• How and whom to inform

• Mortgage Talking Points^TM flyer - FHA/VA Derogatory Credit Chart
• FHA & VA Waiting Periods for Derogatory Events

• Mortgage Talking Points^TM flyer - Getting the Word Out to Condo Homeowners Associations - HUD Leasing Requirements
• What's not to love about FHA financing.
• Creating FHA financing marketability through leasing restrictions on condos.

• Mortgage Talking Points^TM flyer - HO-6 Condo Insurance Coverage Required for FHA Financing
• One-year waiver of the HO-6 requirement expires April 28, 2011
• Any condo unit closed on or after April 29, 2011 must have one of the following...

• Mortgage Talking Points^TM flyer - FHA Raises Annual Premiums - How it Affects Home Buyers
• New Higher Annual Premiums
• Example of how to calculate payments

• Mortgage Talking Points^TM flyer - (FHA) Hooking Up Private Septic & Well - Making the Connection - "Feasibility" Defined
• How does FHA define "Feasibility"?
• Proactive steps for all listings with septic or private water supply

• Mortgage Talking Points^TM flyer - HUDs Lead-Based Paint Repair Rules
• EPA Requirements

• Mortgage Talking Points^TM flyer - Flood Zone Requirements

• Mortgage Talking Points^TM flyer - Financing FHA Required Repairs
• That's right! If an appraised value is higher than the sales price, FHA-required repairs can be financed into the new FHA loan!

• Mortgage Talking Points^TM flyer - Transaction Trivia: FHA Financing of 2-4 Unit Purchase Transactions
• Rental Income
• 3-4 Unit Properties (Additional Criteria)

• Mortgage Talking Points^TM flyer - FHA Extends Condo Project Approval Dates
• Initial Project Approval Dates - Current Exp. Date - New Exp. Date

• Mortgage Talking Points^TM flyer - How to Get a Mortgage Loan for Non-Citizen Borrowers
• Two categories of legal residents and documentation needed
• Permanent Resident Aliens
• Non-Permanent Resident Aliens

• Mortgage Talking Points^TM flyer - Avoiding Employee Transfer Troubles: What FHA Requires!
• What type of contingencies are there?

• Mortgage Talking Points^TM flyer - Financing for Mixed Use & Dual Dwelling Properties
• FHA eligibility criteria for both Mixed Use & 2-Dwellings on One Lot

• Mortgage Talking Points^TM flyer - Getting it Right the First Time: FHA Rent-to-Own Underwriting Rules
• Rent-to-Own Agreements and Rent Credit
• Landlord/Tenant Sales Transactions

• Mortgage Talking Points^TM flyer - FHA Streamline 203K: Cure for Cosmetically Challenged Homes
• FHA Streamline 203K - ansewrs for those listings short on curb appeal
• How the buyer's process will play out

• Mortgage Talking Points^TM flyer - FHA Short Sale Rules
• Borrowers with a short sale are not eligible for a new FHA loan if...
• Borrowers are eligible for a new FHA loan if...

• Mortgage Talking Points^TM flyer - FHA Assumptions = More $ales
• All info provided assumes existing loan was originated on or after Dec. 15, 1989
• List of assumptions
• Do the research on the listing to determine...

• Mortgage Talking Points^TM flyer - FHA Repair Escrows: How and When They Work
• Rules for establishing repair escrows
• If contract states that seller is paying for repairs...
• If contract states that buyer is paying for repairs...

• Mortgage Talking Points^TM flyer - Growing Family? FHA Can Help!
• Borrowers will be required to...

• Mortgage Talking Points^TM flyer - Half-Price Homes! Good Neighbor Next Door - The Rare Gem
• Highlights
• Eligible borrowers
• Additional borrower criteria

• Mortgage Talking Points^TM flyer - The Secret to Making Sweat Equity Work for Your Buyer!
• Type of Construction
• Existing Rule
• Proposed Rule

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - "Shake the Money Tree" — FREEBIE
  ************************************************************
• Little-known sources for FHA down payment.
• Bridal Registry account.

• Mortgage Talking Points^TM flyer - FHA - Loans From Immediate Family.
• FHA loans OK from immediate family members.
• How to structure the loan to a relative.
• What documents are required?

• Mortgage Talking Points^TM flyer - Homebuyer Assistance Programs for VA Loans?
• Acceptable HAP Providers
• Conditions of HAP Use

• Mortgage Talking Points^TM flyer - 6 Types of Wood-Destroying Insects to Watch Out For
• 6 types of wood destroying insects inspectors must report!

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - VA Assumptions - Not just for Veterans — FREEBIE
  ************************************************************
• VA loan assumptions are not restricted to Veterans who have VA eligbility. Here are some quick facts...

• Mortgage Talking Points^TM flyer - Loan Limit Changes in October 2011? What's Going On?
• The Differences between FHA & VA.

• Mortgage Talking Points^TM flyer - FHA & VA Website Resources
• 3 FHA & 3 VA Website Resources

• Mortgage Talking Points^TM flyer - FHA/VA Derogatory Credit Chart
• FHA & VA Waiting Periods for Derogatory Events

• Mortgage Talking Points^TM flyer - VA Borrower & Seller Fee and Expense Matrix
• A long list of common loan fees and expenses and who is allowed to pay for each.
• Does NOT include any special fees cleared through individual Regional Loan Centers.

• Mortgage Talking Points^TM flyer - VA Specially Adapted Housing Grants Taking Care of Our Heroes
• Eligibility for Specially Adapted Housing
• Eligibility for Special Housing Adaptations

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - How Do I Know if It's a Condo? — FREEBIE
  ************************************************************
• Definition of a condo
• So what should you do?

• Mortgage Talking Points^TM flyer - What You Need to Know About Seller Concessions & VA Loans
• Seller can pay up to 4% in sales concessions that include...
• Payment of closing costs are not included in the 4% limitation

• Mortgage Talking Points^TM flyer - USDA Loans and the Meaning of Conventional Credit - Who Qualifies
• Conventional credit is now defined as follows...
• How USDA defines "Liquid Assets" for conventional credit down payment purposes...

• Mortgage Talking Points^TM flyer - USDA Explains What's an Acceptable Outbuilding
• Rules on what outbuildings USDA will and won't accept

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - Quick Guide to Rural Housing Loans (updated Sept. 2011) — FREEBIE
  ************************************************************
• Buyer Qualification Highlights
• Property Qualification Highlights
• Prohibited Loan Purposes

• Mortgage Talking Points^TM flyer - Six Common Deductions Allowed by USDA: More People Can Qualify
• Common adjustments and amount of deduction
• What is not counted as debt and does not affect the debt-to-inome ratio

• Mortgage Talking Points^TM flyer - Credit Scoring - Top 20 Reason Codes and How They Affect the FICO Score
• 20 Reason codes (or score factor) that can show up on a mortgage credit report.

• Mortgage Talking Points^TM flyer - Don't Close Ugly - Don't Close Late: New Consumer Credit Card Laws & How They May Affect You!
• Fee Restrictions
• Bans Double-Cycle Billing
• Gift Cards
• Student Credit Cards, etc.

• Mortgage Talking Points^TM flyer - Credit Repair Fact or Fiction - Part II
• There is a lot of mis-information out there regarding credit repair.
• Does it really help?
• Does credit repair work?
• How much time does it take to increase a credit score?

• Mortgage Talking Points^TM flyer - Credit Repair Fact or Fiction?
• Fact or Fiction on 4 credit reporting questions.
• The Credit Bureaus are a branch of the government.
• Is Credit Repair Legal?
• When I pay off a past-due account, it will show "paid" and no longer be negative.
• It is illegal for creditors to take a negative trade line off my credit report.

• Mortgage Talking Points^TM flyer - "How the Mortgage Acts & Practices" Rules Affect Real Estate Agents & Builders
• Types of Advertising/Marketing outlined in the ACT

• Mortgage Talking Points^TM flyer - Deal Killers: Checking the Lists
• Fannie Mae & HUD info
• Freddie Mac info
• Links to the GSA & LDP Lists

• Mortgage Talking Points^TM flyer - Credit Do's & Don'ts Before Closing: Coaching Your Clients
• A list of Do's and Don'ts to consider "coaching" your clients on.

• Mortgage Talking Points^TM flyer - Why Indecision Equals Delays: What You Need to Know About the Mortgage Disclosure Improvement Act
• 4 Reasons Behind This Law
• What You Need to Know

• Mortgage Talking Points^TM flyer - Get Your Poop in a Group: What You Need to Know About the Mortgage Disclosure Improvement Act
• What You Need to Know About MDIA
• Days of Rush Closings Are Over

• ************************************************************
  FREEBIE — Mortgage Talking Points^TM flyer - "Advertising Rules (RegZ) for Real Estate Agents and Builders" — FREEBIE
  ************************************************************
• Existing Advertising Disclosure Rules
• Updated Rate & Payment Rules In Addition to Existing Rules
• Size of Lettering & Placement of Disclosure – Printed Ads

• Mortgage Talking Points^TM flyer - How to Create More Sales with Reverse Mortgages
• What's so great about it?
• Who is eligible?
• Why type of properties?
• How much can they borrower to purchase the home?