Friday, June 25, 2010

Nancy West of HUD #180

This week Bruce is joined by Nancy West. Nancy is a marketing and outreach specialist for the Department of Housing and Urban Development. She has been working in the mortgage industry since 1977. Nancy joined in 2004, and in 2006 she accepted one of four nationwide marking and outreach specialist positions.

Bruce and Nancy discuss the state of FHA mortgages, how long borrowers must wait for a government backed loans after forecloure, short sale, and deed-in-lieu, current guidelines for lending, HUD foreclosures, how investors can bid on HUD properties, 203k loans for investors, and much more.

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