Learn the most recent information about residential and commercial actual property within the Seattle space and Pacific Northwest. I obtained to spend a while this week at Toni Moss’ Americatalyst occasion with Ted Tozer, President of Ginnie Mae throughout the Obama years. I always learn stuff after I spend time with Ted, and in this case, what I realized was a bit of scary-that for FHA to make an insurance coverage payout to a lender, the property that is foreclosed upon should be conveyable. Which is to say, if an FHA mortgage is foreclosed upon by a lender, earlier than the lender receives compensation for its losses, it wants to…