US Bank, UWM join movement to boost minority lending

With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities. Continue reading

New Freddie Mac mortgage plan bundles purchases and repairs

The CHOICERenovation program offers homebuyers a single loan, with just one set of closing costs, that they can use to buy a house and then fix it up. Continue reading

Federal agency launches program to help limited-English speakers

The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading