Millions of potential homebuyers won’t qualify for new FICO score
A new credit score that could improve eligibility for millions of borrowers won’t lend a hand to a large swatch of prospective homebuyers any time soon. Continue reading
A new credit score that could improve eligibility for millions of borrowers won’t lend a hand to a large swatch of prospective homebuyers any time soon. Continue reading
What are the issues most important to the National Association of Realtors, the largest real estate trade group in the nation and a powerful lobbying force? Continue reading
Seasonally-adjusted home prices rose 0.3 percent month-over-month and 6.1 percent year-over-year in August, according to the Federal Housing Finance Agency. Continue reading
There’s no question that manufactured housing is perhaps the least expensive alternative for people who want a home of their own. But are financing companies withholding less expensive finance options from manufactured-homebuyers? Here’s what we know. Continue reading
In a report released Thursday, Fannie Mae’s Economic and Strategic Research Group painted a picture of a somewhat gloomy near-term future, saying that it’s expectations for the coming year “have become more pessimistic.” Continue reading
The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading
A real estate agent based in the Tampa, Florida, area faces up to five years in federal prison for attempting to stop Fannie Mae from foreclosing on a property so that he could sell it himself, the U.S. Department of Justice announced Wednesday. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading