The program had been scheduled to end Sept. 30, but the FHFA says more than 143,000 homeowners could still benefit from it
NAR’s chief economist says a recent decrease in mortgage rates is helping homebuyers with affordability concerns
In an effort to limit the American taxpayer's liability, Freddie Mac has announced it has obtained the first of three insurance policies this year designed to cover the remaining credit risk associated with STACR deals from 2014.
The former American Capital Mortgage Investment vice president joins the California-based lender.
Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, something Lawrence Yun, chief economist at the National Association of Realtors, says is due to buyers' confidence in the economy.
In an effort to squeeze out origination costs, this lender said it wants to keep the entire mortgage lending process online. Could this be the future of mortgage lending?
In yet another settlement, the largest U.S. bank has reached an agreement regarding the sale of almost $18 billion in shoddy mortgage securities it sold during the financial crisis.
One reader asks: "It appears that most of the loan officers in the industry are older like me and many have lost their drive due to the issues we have faced in the past. I have tried a few rookies, but my success rate is even lower. I know I must expand my sales staff, but what advice do you have?"