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The Keystone Advantage Assistance Loan (KAAL) will provide an amortized subordinate loan of up to 2 percent of the sales price (maximum of $4,000) to qualified borrowers obtaining a PHFA first mortgage. This program will replace the agency’s Keystone Assistance and Keystone Government Assistance Loan programs.
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The Pennsylvania Association of Realtors® will be creating and operating an association management firm under the Strategic Plan following Wednesday’s board of directors meeting.
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There’s still time for homeowners facing foreclosure to apply for the Emergency Homeowners’ Loan Program (EHLP) through the PA Housing Finance Agency (PHFA).
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The PA Housing Finance Agency’s (PHFA) Homeowners Emergency Mortgage Assistance Program (HEMAP) is no longer accepting applications following its dramatic budget cut in the state’s new budget.
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The Pennsylvania Housing Finance Agency (PHFA), which is administering HUD’s Emergency Homeowners' Loan Program (EHLP), has approved nearly $10 million in loans, according to Daryl Rotz, a director with PHFA.
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Housing experts from across the state gathered for the PA Housing Finance Agency’s (PHFA) Commonwealth Housing Forum last week. PAR President Guy A. Matteo, GRI, SRES, and Joel Searby, executive vice president of Strategic Guidance Systems (SGS), were featured in a panel discussion on the housing market in Pennsylvania.
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PAHousingSearch.com is sponsored by the PA Housing Finance Agency (PHFA), PA Emergency Management Agency, PA Department of Public Welfare and PA Department of Community and Economic Development and replaces the former Pennsylvania Apartment Locator website. The site will be officially launched statewide this month.
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One of the keys to short sales is understanding the process, knowing what to say to bankers and who to work with, according to Realtor® Courtney Franklin, who also teaches a course on the short sale process. “The process has gotten better, not necessarily faster. And banks are trying to streamline the process," he...
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More than $100 million in federal funds is now available to distressed Pennsylvania homeowners through the Pennsylvania Housing Finance Agency. PHFA recently received approval from the U.S. Department of Housing and Urban Development (HUD) to administer the $105 million Emergency Homeowners Loan Program (EHLP).
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Tuesday, Feb. 7, 2012
