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Real Estate
The Real Estate Adviser |
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February 28, 2002
Mortgage insurance follows loan, not borrower
By TOM KELLY
The Real Estate Advisor
The Real Estate Advisor
The woman on the other end of the telephone was clearly hoping for some unexpected financial help before Uncle Sam’s April 15 federal income tax deadline.
Her story had a familiar ring. She had taken out a mortgage insured by the Federal Housing Administration several years ago and paid a mortgage insurance premium at closing. The loan was subsequently assumed when she sold the home.
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Previous columns:
- Look again at reverse mortgages, 02-21-2002
- New mortgage insurance protects against job loss, 02-14-2002
- Agents take more safety precautions, 02-07-2002
- A landlord recalls night of the iguana, 01-31-2002
- Relief for our troops, 01-24-2002
- Some Utah property owners go for gold, 01-17-2002
- Wolff is out the door at Homestore, 01-10-2002
- Deliberate is the critical word, 01-03-2002