Tag Archives: FHFA

NAR: New Fannie and Freddie mortgage fees will hit middle class

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Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading →

After 2-year ordeal, FHA borrowers can now buy private flood insurance

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The Department of Housing and Urban Development on Monday announced it had prevailed in expanding flood insurance choices for homebuyers with Federal Housing Administration-insured mortgages. Continue reading →

Referral fees from so-called ‘paper brokerages’ including Zillow inflate commissions by $15B a year: CEO

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Calling it a “kickback scheme,” HomeOpenly CEO Dmitry Shkipin told the FHFA to ban referral fees charged by online brokerages — including Zillow — that don’t actually buy and sell property. Continue reading →

Big lenders get a head start, adopt $715,000 conforming loan limit

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Moves by Rocket and United Wholesale Mortgage could help borrowers get better rates and make smaller down payments when taking out loans that were previously classified as jumbo. Continue reading →

The 10 most stable housing markets in the United States, ranked

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The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. Continue reading →

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

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A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading →

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

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A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading →

Equifax ‘coding issue’ possibly skews thousands of mortgage credit scores

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A “coding issue” reportedly affected about 12 percent of credit scores calculated from March 16 to April 6, 2022. Continue reading →

New tools from Clear Capital facilitate desktop appraisals

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Real estate agents and brokers approved by Clear Capital provide property information and photos that supplement data from public sources, helping appraisers complete accurate desktop appraisals. Continue reading →

Home price growth in New England states slow to a crawl in October

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Home prices have continued to rise quickly throughout the U.S., but price growth halted in October in the Northeast, according to the Federal Housing Finance Agency’s House Price Index. Continue reading →