BTC Newsletter - January 2015

To: Realtors and Loan Officers    

From: John M. Brennan, Attorney - President, Brennan Title Company



FHA (Federal Housing Administration) will reduce Mortgage Insurance Premiums by 1/2%! This action is expected to spur as many as 250,000 new home buyers to purchase their first home over the next three years! When taken in conjunction with the more liberal underwriting requirements by FNMA/FMAC and the extremely low interest rates we should begin to see a surge in home buying this year!
THE FEDERAL HOUSING ADMINISTRATION (FHA) recently announced that the "temporary waiver of FHA's prohibition against financing single family properties that are re-sold within 90 days of the previous acquisition expired on December 31, 2014!! Investors, lenders and Relocation transactions could be immediately effected by this!!   

AGENTS SHOULD ALWAYS FEEL COMFORTABLE RECOMMENDING BRENNAN TITLE to their clients! Brennan Title is fully licensed and all of our licenses are up-to-date. We will gladly send them to you at your request!


Please feel free to contact me at any time by e-mail or phone at or 301-261-8177-my direct line. 




John M. Brennan



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