Reform group finds “disturbing pattern” against people of color and low income borrowers
The mortgage delinquency rate for one-to-four-unit residential properties rose 4.80% on a quarter-to-quarter basis during the last three months of 2016, a survey by the Mortgage Bankers’ Association (MBA) revealed
The White House has confirmed the Obama Administration is directing the FHA to reduce annual mortgage insurance premiums from 1.35% to 0.85%.
In a speech to be delivered tomorrow in suburban Phoenix, the President may announce a reduction of FHA mortgage premiums.
Fannie Mae's latest survey shows while more consumers think it's easier to get a mortgage today, many Americans' attitudes toward housing remains cautious.
The lender is among several that are working to move past regulatory probes tied to shoddy mortgage practices.
Historically, the mortgage industry experiences a slowdown during the holiday season, but this time around it was particularly quiet. Meanwhile, rates have hit a 19-month low.
On the heels of its merger with loanDepot.com, Leif Thomsen talks about the rising cost of producing loans, regulation hurdles and what's ahead for the two companies.