Supreme Court nixes $430B in student loan forgiveness
Down payment assistance, income-driven repayment still offer path to homeownership for those repaying $1.6T in student loan debt as Biden administration pledges the 'fight is not over'
by Matt Carter Jun 30
Fannie and Freddie's fees going up Monday despite lender objections
The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants' safety and soundness, not to subsidize fee waivers for buyers of limited means
by Matt Carter Apr 26
New mortgage fee won't debut until after spring homebuying season
Industry groups continue to object to new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and middle-class consumers
by Matt Carter Mar 17
FHA relaxes underwriting for student loan borrowers
Lenders can use borrower's actual monthly student loan payment when calculating their overall debt burden
by Matt Carter Jun 25
CFPB to adopt price-based approach for qualified mortgage standards
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
by Marian McPherson Jun 23
Single-family renters are your next batch of buyers
Learn how to find them and what their needs are
by Steve Cook Oct 14
Help clients buy condos with federal home loans
Rules differ depending on the federal agency backing the loan
Do you need business credit?
Using it can keep your personal finances secure
by Paul Oster Aug 26
5 steps to beating debt and getting mortgage-approved
What you can tell your clients to do to minimize their DTI ratio
by Steve Cook May 18
Significant changes coming this summer to FHA's loan program
Be in the know before the June 15 changes go into effect
by Tony Davis Apr 29