How much a loan officer makes depends on where they work. Some mortgage loan officers make a flat salary, while others make a salary plus commission. Typically, commissions are...
Read MoreA midsummer quiz: Let's say you read about an area experiencing blistering heat for weeks on end. Heat so hot that in the day, you can't go outside, and at nighttime it's still above...
Read MoreBefore the 2008 housing crisis, home sellers would offer DPA to FHA borrowers and raise the sales price to cover the cost, creating exaggerated losses for the FHA program. The...
Read MoreSome of the forecasters who were first out of the box to predict a U.S. recession are starting to hedge their bets as inflation ebbs and the economy remains...
Read MoreMortgage and housing trade groups this week pushed back against a Financial Stability Oversight Council proposal aimed at reverting its review process to one in which it would be...
Read MoreA new poll jointly conducted by news organization Axios and polling company Ipsos revealed that one-in-five respondents — or 20% — believe they will never have the opportunity to...
Read MoreThe issue of appraisal bias — where home valuations can come out differently based on individual traits of a homeowner, such as race or age — is top-of-mind for...
Read MoreThe Federal Reserve will likely raise its target federal funds rate at its meeting next week. Since March 2022, the central bank has hiked its benchmark rate 10 times to a targeted...
Read MoreJuly 21, 2023 Will your FHA home loan be approved or denied? There are several reasons why your loan application could be turned down, and some of those reasons have...
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