FHA relaxes underwriting for student loan borrowers
Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Continue reading
Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Continue reading
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
After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Continue reading
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading
The percentage share of veterans and active duty servicemembers that applied for a first-time home loan partially guaranteed by the U.S. Department of Veterans Affairs (VA) nearly doubled in the run up to the financial crisis, a new study out today fro… Continue reading
With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading
A partial shutdown of the U.S. Government has entered its sixth day as both Democrats, Republicans and President Donald Trump dig in their heels over partial funding for a wall or partition structure along a small portion of the U.S. southern border an… Continue reading