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Loan Modification

: Mortgage Lender Implode-o-Meter

Manhattan Luxury Condos Try FHA Backing in Sales `Game Changer'

By Implode-Explode Heavy Industries

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"The Federal Housing Administration agreed in March to insure mortgages for apartments at the 98-unit Gramercy Park development, known as Tempo. That enables buyers to make a down payment of as little as 3.5 percent in a building where apartments range from $820,000 to $3 million."

Full post as published by Mortgage Lender Implode-o-Meter on August 13, 2010 (boomark / email).

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