Tag Archives: fha

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

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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

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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 →

Mortgage insurer Enact’s IPO is back on track

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With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering. Continue reading →

Individuals to get better shot at buying foreclosed homes

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The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Continue reading →

Deep dive into mortgage data claims glaring racial disparities

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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 →

Rising home prices boost demand for jumbo mortgages

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Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading →

Forbearance rate drops for seventh week in a row

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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 →