If it takes longer than 60 days from the time an offer is accepted until close of escrow, Roam will make the homeseller's mortgage payments for up 60 days after the scheduled closing date
Applications for government-backed purchase mortgages were up 4% week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association
Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data released Monday by Black Knight
Average purchase mortgage request has shrunk by 10% since March, to $413,500, as demand picks up for FHA, VA and USDA purchase loans favored by many entry-level buyers
First-time homebuyers who rely on government mortgage programs are 'increasingly challenged' by rapid home price increases and higher mortgage rates
Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans
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
Journalists at watchdog say credit scores and algorithms used by Fannie Mae and Freddie Mac could be to blame
Lenders can use borrower's actual monthly student loan payment when calculating their overall debt burden
2.3M homeowners still aren't making their monthly mortgage payments
After throwing in the towel on a $2.7 billion merger, Genworth Financial is considering spinning off its mortgage insurance division
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides
Helping millennial homebuyers find the right loans for them
In 2007, only 30% of first-time service members and veteran buyers used a VA loan. That increased to 78% by 2016
Deals that rely on an array of federal programs and agencies are all on hold while political leaders spar over how to fund the government