Tag Archives: federal housing administration

Appraisal requirements axed on sales of $400K and under: Fed

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Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading →

Big changes are coming to Fannie and Freddie … beware

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Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading →

Outlook for US mortgage rates remains stable, housing crunch continues

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Mortgage rates will remain stable for the next two and a half years, predicts an economist from the Mortgage Bankers Association. But the national housing shortfall continues to be a problem primarily because of the lack of building sites, according to… Continue reading →

Lennar accused of manipulating borrower data in new lawsuit

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The largest homebuilder in the country has been hit with a lawsuit accusing it of providing loans to unqualified borrowers. Continue reading →