Saturday, June 11, 2005

FFIEC GEOCODING SYSTEM

FFIEC GEOCODING SYSTEM: "FFIEC Geocoding System

The FFIEC is under contractual agreement with Tele Atlas, its data source vendor for this system, which limits Internet users to enter one address at a time and obtain the appropriate geocoding information. For batch geocoding, please contact Tele Atlas at InfoNA@teleatlas.com for ordering the data.

Requirements: This system requires that you enter a street address along with either a city and state OR a zip code. The FFIEC web site (www.ffiec.gov) is a public web site. In order to see this public web site, you must configure your firewall systems properly to allow this site to be seen by your network. Therefore, you should set the appropriate parameters consistent with your firewall technology and security policies to safeguard your network environment. You may need the assistance of Information Technology professionals trained to work with your individual telecommunications/security systems to configure the correct settings to enable the use of our web site while simultaneously protecting your computer environment."

Thursday, June 09, 2005

CalHFA - HomeChoice Program

CalHFA - HomeChoice Program: "HomeChoice is a statewide program designed to assist low-and-moderate-income borrowers who are disabled, or have family members with disabilities living with them, in purchasing their first home. Borrowers can obtain a 30-year first home loan with an interest rate as low as 3% and a second home loan that does not exceed three percent of the sales price at 7% simple interest deferred until the first loan is paid off.

Guild Mortgage Company, acting as master servicer, will underwrite the loans to meet Fannie Mae and CalHFA standards. Fannie Mae will guarantee the loans and CalHFA will purchase securities backed by pools of HomeChoice Loans. This is a cooperative effort on the part of CalHFA and Guild Mortgage to assist disabled Californians purchase their first home by participating in Fannie Mae's HomeChoice Program.

Homebuyers interested in applying "