Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225. Continue reading
Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes. Continue reading
The newly launched affiliated title agency will streamline closings and increase efficiency for The Agency’s New York-based clients and agents, the brokerage told Inman. Continue reading
As a Project 2025 author, Carson called for raising FHA premiums and a “reset” of HUD to reverse “corrosive progressive ideologies across the department’s programs.” Continue reading
Applications for purchase mortgages were up 2 percent last week when compared to the week before but down 1 percent from a year ago, according to a weekly survey by the Mortgage Bankers Association. Continue reading
Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year. Continue reading
Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups. Continue reading
Zillow releases a new “BuyAbility” tool it says helps consumers find homes they can actually afford to buy after accounting for more variables. Continue reading
After seeing its open office count shrink this year for the first time ever, RE/MAX’s mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan. Continue reading
National mortgage lender offering affected customers free credit monitoring and identity theft protection after hackers accessed Social Security numbers in August data breach. Continue reading