What the US climate-risk review means for FHA, VA loans and more

Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading

Why sellers are shunning FHA and VA offers

FHA and VA loans are essential to first-time buyers, who account for about four out of every five FHA purchase loans. However, in today’s market, sellers are quick to dismiss offers that come with this type of financing. Here’s why. Continue reading

Deep dive into mortgage data claims glaring racial disparities

Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to in-depth analysis by The Markup, a nonprofit newsroom that’s “watching big tech.” Continue reading

Watch: How to hire a virtual assistant to cold call homeowners for seller leads

In this week’s episode of Keeping it Real, we dive deep into the data around o prospecting homeowners directly over the phone. Continue reading

Forbearance rate drops for seventh week in a row

At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading

Veterans Affairs loans have spiked since 2007 recession: Study

The percentage share of veterans and active duty servicemembers that applied for a first-time home loan partially guaranteed by the U.S. Department of Veterans Affairs (VA) nearly doubled in the run up to the financial crisis, a new study out today fro… Continue reading