Polly integrated with all 6 primary mortgage insurers
Ability to retrieve quotes helps borrowers assess their options and streamlines the mortgage insurance process for lenders
by Matt Carter May 15
Rising mortgage rates take a toll on demand for FHA, VA loans
First-time homebuyers who rely on government mortgage programs are 'increasingly challenged' by rapid home price increases and higher mortgage rates
by Matt Carter Mar 23
Facade Flags Justice Department Building Washington DC
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn't apply to appraisers, but a federal regulator disagreed this week
by Andrea V. Brambila Feb 16
Mortgage rates hit highest point since COVID closures in early 2020
Demand for purchase loans remains steady, but rising rates are closing the door on refinancing opportunities, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey
by Matt Carter Jan 12
The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?
Redwood Trust, which issues 'jumbo' loans that are off limits to Fannie and Freddie, said in a new critique that costlier markets are better served by private lenders
by Matt Carter Dec 8
Flush with cash, FHA urged to lower mortgage insurance premiums
A new report warns that a 'sudden and severe' reversal in home price appreciation could stress the Federal Housing Administration's finances again
by Matt Carter Nov 15
What the US climate-risk review means for FHA, VA loans and more
Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans
by Daniel Houston Oct 19
Jump in rates cuts into demand for mortgages
Rising mortgage rates have curbed demand for refinancing and purchase loans after inflation worries pushed rates to highest levels since July, according to the MBA
by Matt Carter Oct 6
Why sellers are shunning FHA and VA offers
FHA and VA loans are essential to first-time buyers, who account for about 4 out of every 5 FHA purchase loans. However, in today's market, sellers are quick to dismiss offers that come with this type of financing. Here's why
by Steve Cook Sep 30
Mortgage insurer Enact's IPO is back on track
With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering
by Matt Carter Sep 15
Individuals to get better shot at buying foreclosed homes
Biden administration to give owner occupants, nonprofits more opportunities to buy homes before they're snatched up by large investors
by Matt Carter Sep 1
Deep dive into mortgage data claims glaring racial disparities
Journalists at watchdog say credit scores and algorithms used by Fannie Mae and Freddie Mac could be to blame
by Matt Carter Aug 26
Exterior view of Custom styled home with manicured lawn and landscaping.
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead
by Matt Carter Jul 12
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
Forbearance rate drops for 7th week in a row
2.3M homeowners still aren't making their monthly mortgage payments
by Matt Carter Apr 19