Ginnie Mae’s portfolio of Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) poses a “significant risk” to the U.S. Department of Housing and Urban Development (HUD) in 2024.The risk stems...
Read MoreA spokesperson for Movement said the company had no comment. L. Scott Bruggemann, senior vice president and general counsel at Summit, said the company continues to compete for talented individuals...
Read MoreThe Federal Housing Administration (FHA) on Tuesday published Mortgagee Letter (ML) 2023-20 updating the amounts allowable for property inspection fees for property preservation and protection to align with industry...
Read MoreNovember 17, 2023 Did you know that occupancy is a requirement when you buy a house with an FHA loan? FHA policy for occupancy requires at least one borrower obligated on...
Read MoreKeystone Property Finance has lowered rates for a third consecutive week with products reduced by up to 20 basis points. ...
Read MoreNationwide said its half-year pre-tax profit lifted 2.1% to £989m from a year ago due to higher income – but mortgage lending plunged 62% to £12.1bn, adding that the...
Read MoreKeystone Property Finance has lowered rates for a third consecutive week with products reduced by up to 20 basis points. The specialist buy-to-let lender’s standard range now starts from 4.64% for...
Read MoreIf the property market is going to remain stable it needs to stand on firm foundations and a fundamental element of that is a functioning first time buyer market. This...
Read MoreThe Co-operative Bank for intermediaries will cut new business rates across its residential and buy-to-let ranges by up to 42 basis points. ...
Read MoreThe Co-operative Bank for intermediaries will cut new business rates across its residential and buy-to-let ranges by up to 42 basis points. The lender’s reductions cover: Residential Two-, three-...
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