FHA foreclosures are on the rise, accounting for 38% of all active foreclosures in September.
Read MoreThe Mortgage Bankers Association and the National Reverse Mortgage Lenders Association requested that Google modify its rules to permit advertising FHA home equity conversion mortgages to seniors.
Read MoreClick n’ Close is offering free rate lock extensions as the government shutdown puts the USDA home loan program on hold.
Read MorePennymac is allowing disabled veterans to use their anticipated property tax exemption for loan qualification purposes in certain states.
Read MoreDevelopers planning to apply for FHA financing for multifamily units have to wait until Congress reaches an agreement to fund the government, prompting an application backlog.
Read MoreFHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee this week, relying on stock language or otherwise sidestepping in their responses.
Read MoreBorrower payoffs continued to make up the bulk of removals from Ginnie MBS. But the increase in third-quarter volume was led by FHA loan removals for delinquencies and foreclosures....
Read MoreWhat one industry veteran believes will drive mortgage rates through the end of the year
Read MoreCanada’s economy contracted 0.3% in August, reversing July’s rebound. Despite the softness, economists don’t expect the Bank of Canada to deliver additional rate cuts this year.
Read MoreA new Willful survey finds rising costs and job insecurity are draining Canadians’ savings and slowing progress on key financial goals.
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