The fixed-rate mortgage myth agents need to stop spreading
Rising property taxes and insurance costs mean variable monthly payments, even on FRMs
by Bernice Ross May 27
House with a "for sale" sign in the front yard
Popular with 1st-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall
by Matt Carter Dec 12
never recommend a 50-year mortgage
Opinion
A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments
by Bernice Ross Nov 17
New Fannie, Freddie housing goals may hurt working families
A coalition of groups has warned that the Trump administration's goals for the mortgage giants will leave up to 177K lower income homebuyers looking elsewhere for a loan
by Matt Carter Nov 4
The new redlining: Paying a buyer agent is just part of the challenge
Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, stakeholders must consider their impact on borrowers and whether they do more harm than good
by Trina Gonzales-Van Oct 22
16 incentives that may help sellers move their homes this spring
If you have listings that need to move, Carl Medford shares strategies to help get those homes sold this spring
by Carl Medford Sep 25
Private mortgage insurers have friends in high places
House lawmakers with differing views on Fannie and Freddie ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68B in risk since 2015
by Matt Carter May 26
Essent scooping up Finance of America's title businesses for $100M
Struggling lender's pivot to reverse mortgages creates an opportunity for big private mortgage insurer to acquire Agents National Title and Boston National Title
by Matt Carter Feb 2
NAR: New Fannie and Freddie mortgage fees will hit middle class
The mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases starting May 1
by Matt Carter Jan 20
Credit union invites members to back zero-down mortgages
Blue Federal Credit Union is partnering with real estate agents to find creditworthy borrowers for creative 'no-money-down' mortgage program
by Matt Carter Oct 4
Staircase automates underwriting of private mortgage insurance
MI Underwriting pulls documents and data directly from lenders, allowing mortgage insurers to make instant policy decisions at half the cost
by Matt Carter Sep 19
Housing affordability races toward levels not seen since 2006 bubble
If mortgage rates rise by another half a percentage point — or if home prices go up another 5% — affordability will hit the worst levels on record, Black Knight warned on Monday
by Matt Carter May 2
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
Private mortgage insurer National MI integrates with Mortgage Coach
Homebuyers who can't put 20 percent down now have more options when comparing loans
by Matt Carter Aug 24
Genworth postpones IPO of its mortgage insurance business
The company cited volatility in trading of mortgage insurance companies as the reason for delay
by Matt Carter May 13