The Federal Housing Administration (FHA), which is part of the Department of Housing and Urban Development (HUD), administers various single family mortgage insurance programs. The Section 203(k) program is the Department’s primary program for the rehabilitation and repair of single family properties. With the 203k program you originate one mortgage which finances [...]
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The Commonwealth of Pennsylvania recently passed legislation to regulate the home improvement industry. In addition to many other measures the bill establishes a requirement that all contractors obtain a registration number from the State to perform contracting work in PA. I’ll discuss some of the important aspects of this bill. There is a provisioin requiring [...]
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