With FHA requirements dropping to 520 FICO and 3.5% down, it looks like Wall Street is ready to take on more mortgage risk – and originators should prepare to take on more clients
A major mortgage company based in Franklin, TN will be paying a stiff fine to the United States, on allegations of engaging in lending practices that did not meet federal standards
High loan-to-value FHA/VA products continue to fly high, outpacing GSE products
The FBI mortgage task force is being credited for taking down million dollar fraudster
Bad mortgages may force one leading lender to quit a government home-loan program – what could that mean for smaller originators?