Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.9% this week, up from last week when it averaged 6.77%.
Mortgage
FHA unveils home retention option for borrowers struggling with payments
FHA published the final mortgagee letter for its new loss mitigation home retention option for borrowers with agency-insured single-family forward...
ABA comments on RESPA guidance
In the letter, ABA called on the bureau to rescind and revise the advisory opinion and reissue it for comment...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.77% this week, up from last week when it averaged 6.64%.
ABA, associations recommend changes to veteran homeownership program
A Department of Veterans Affairs program that helps military families become homeowners should align its property condition standards with those...
ABA backs bills to prevent abuse of mortgage ‘trigger leads’
ABA urged Congress to pass legislation to ban the practice of credit reporting firms selling consumer contact information to lenders...
Mortgage rates mixed
The rate for a 30-year fixed-rate mortgage was 6.64% this week, up slightly from last week when it averaged 6.63%.
HUD revises branch office registration requirement
The Federal Housing Administration issued a final rule to eliminate the Department of Housing and Urban Development’s requirement that a...
Podcast: Getting the GSEs’ transition to new credit scores right
The multiyear effort to change the credit scoring models required by Fannie Mae and Freddie Mac continues to move forward,...
Adding insult to injury: How regulators are making homebuying even more expensive
The wave of new regulations will only exacerbate the crisis, leaving consumers with higher costs and fewer options
