"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
The agency said the move reaffirms its commitment to the Fair Housing Act
Home sales are continuing on an upward trudge – but more inventory is needed to really jump-start the market
Jerry Giovaniello has been with the trade group for 37 years
Delinquencies across all loan types dropped quarter over quarter
The 30-year fixed mortgage rate matched the highest level since May 19, 2011
New listings will be key in maintaining sales growth into peak homebuying season