National Mortgage News- FHA loan delays from government shutdown loom larger for seniorsWhile most single-family Federal Housing Administration lending is somewhat insulated from the government shutdown, the impasse is doing more to hurt funding in niches like nursing home loans and reverse mortgages.
- Lender offers cash-out refis to aid federal workers during shutdownBetter Mortgage has launched a mortgage refinance program to help federal government employees affected by the shutdown utilize their home equity for living expenses.
- Keep nonbanks out of the Home Loan Bank SystemPolicymakers should not let mortgage REITs, hedge funds and other firms gain membership through captive insurance companies.
- Home prices hit brakes in December, giving buyers an edge in 2019: RedfinFewer houses getting sold helped gains in inventory and brought down the rate of sales price growth to wrap up 2018, according to Redfin.
- FHA loan delays from government shutdown loom larger for seniors
- HousingWire- Mortgae News
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- Mortgage Daily
- Continued Deterioration in Origination Quality October 26, 2018As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis, mortgage quality has weakened. Still, quality is better than before the crisis.During the past three years, the quality of residential loans originated has weakened, though credit quality remains far stronger than the early 20 […]
- Best Mortgage Lenders By Category October 26, 2018A report based on a recent survey of consumers who were shopping for a residential loan has identified the best home lenders in a variety of categories -- including government programs, jumbo loans and online services.The 10-question survey of prospective mortgage borrowers found that before they applied for a home loan, 40 percent checked their credit repor […]
- Business Falls to 6-Month Low at Freddie October 26, 2018New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency, meanwhile, remained at its lowest level in a decade.When September was over, Freddie Mac's total mortgage portfolio stood at $2.1513 trillion -- including a $0.2278 trillion in mortgage investments and $1.9235 trillion in outstanding mortgage-r […]
- Continued Deterioration in Origination Quality October 26, 2018
