FHA premium cuts spur growth, but borrowers with stellar credit can still do better taking out conventional Fannie Mae- or Freddie Mac-eligible mortgages with private mortgage insurance
Release of historical credit scores on tens of millions of loans will help lenders prepare for transition to VantageScore 4.0 next year. Release of FICO Score 10 T data next on deck
Republican attorneys general in 14 states urge Fannie Mae and Freddie Mac's federal regulator to kill a pilot program that allows some borrowers to refi without obtaining title insurance
Opinion
Trump's newly appointed VP candidate introduced a bill in June that highlights the need to review RPAC's ethics policies for candidates receiving funds, Rachael Hite writes
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie and Freddie
Interest rate buydowns involve a trade-off between upfront costs and long-term affordability. Clever CEO Luke Babich offers strategies to help clients make the choice
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act in 2021 refinancing request. Rocket says it expects to prevail
Builder confidence dropped 1 point in July to 42, according to the latest NAHB Housing Market Index. That's the lowest score since December 2023
3 in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study
CoStar Group revealed its latest executive hires of the summer, with Simonelli returning after 6 years as Compass' industry relations SVP. Cyndi Eakin was promoted to chief accounting officer
The Appraisal Foundation will establish $1.22M scholarship fund to help aspiring appraisers get training and fulfill experience requirements said to have contributed to lack of diversity
Regulators and prosecutors are cracking down on landlords who've falsified income and expense data on crucial loan documents, according to a new feature published by 'The Wall Street Journal'
ICE Mortgage Technology survey finds 84% of homeowners who have taken out a mortgage in the last 5 years only considered 1 or 2 lenders before closing the deal
Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans, but nonbank lenders have already made inroads
The median sale price for an existing home in the US has grown to a whopping $419,300 — the highest since NAR began tracking the metric — following 11-consecutive months of price gains