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The guidance aims to protect Home Equity Conversion Mortgage borrowers from "presentations that appear to limit their options," the agency says.
June 19 -
The confluence of trends is making efficient portfolio and vendor management vital.
June 19 -
The GSEs make mortgages? Banks don't? For an economics professor who has made the causes of the housing collapse a central campaign issue, David Brat sure doesn't sweat the details.
June 19
National Mortgage News -
The Federal Housing Administration is on better financial footing thanks to an expected $418 million payment from SunTrust in a settlement resolving claims that the bank originated defective loans.
June 18 -
Student loan payments can be up to 20% of a graduate's current monthly debt obligations. Based on current housing ratios, that does not leave a lot of room for mortgage payments.
June 18
STRATMOR Group -
The Federal Reserve Board on Wednesday continued to shrink its stimulus program by yet another $10 billion clip.
June 18 -
The HAWK program could help participating lenders differentiate themselves from the flock. But the proposed mortgage insurance premium discounts for borrowers who receive counseling are too modest, industry members say.
June 18 -
Julian Castro pledged to recapitalize the FHA insurance fund and work with Congress on GSE reform but equivocated when a Senator asked about cities condemning underwater mortgages.
June 17 -
Rep. Randy Neugebauer, R-Texas, introduced a new plan Tuesday to modify and extend the Terrorism Risk Insurance Act.
June 17 -
The program was previously available to first-time homebuyers only.
June 17









