The share of young American homebuyers purchasing their home with FHA mortgages has slipped to 32% according to Ellie Mae
With a better risk profile, current lending for low-down-payment purchases is markedly different from pre-crisis activity
The mortgage company will pay millions to settle allegations it violated underwriting standards on government-backed mortgages
According to a government watchdog, HUD expanded the programs by billions of dollars – without a formal plan in place
There was a drop in new mortgage applications last week according to the latest data from the Mortgage Bankers’ Association
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