New rules for scoring mortgage borrowers coming in Q4 2025
Fannie and Freddie's federal regulator wants lenders to synchronize adoption of bi-merge credit reporting with more inclusive FICO Score 10T and VantageScore 4.0 scoring models
by Matt Carter Feb 29
Fannie Mae, Freddie Mac ease appraisal standards amid coronavirus
The federal loan servicers announced an adjustment of long-held appraisal and employment verification standards in order to help facilitate mortgages amidst the COVID-19 outbreak
by Lillian Dickerson Mar 25
Can this app reduce escrow to 10 days for homebuyers?
LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals
by Craig C. Rowe Oct 11
360 Mortgage Group touts 8-day closing
Loan approvals purportedly 'validated' by government mortgage guarantors 'at the time approval is issued'
by Teke Wiggin Aug 18
How to handle homebuyers who don’t qualify for a mortgage
With the right approach and advice, being the bearer of bad news can be an opportunity in disguise
Low valuation could sideline your loan approval
by Steve Bergsman Sep 28
Seemingly ideal situation can become legal nightmare
by Dian Hymer Jul 2
Low appraisal can be bad news for buyers
by Dian Hymer Jun 18
Several factors can delay approval process
by Dian Hymer May 7
Don't count on lender's promises when submitting an offer
by Dian Hymer Jul 25
How fence-sitters can get a jump on the competition
by Dian Hymer Jul 18
What lenders are scrutinizing may surprise you
by Dian Hymer Apr 25
Roadblocks prevent authorized card users from buying homes
by Jack Guttentag Jan 3
Complications could forfeit deposit
by Benny Kass Dec 14