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In order to make homeownership more affordable, the FHFA should make sure that GSE guarantee fees fully recognize private mortgage insurance and restore the longstanding tax-deductible treatment of mortgage insurance premiums.
November 4
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It's time for the Federal Housing Finance Agency to make good on Fannie Mae and Freddie Mac's funding obligations to two affordable housing programs.
November 4
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Is the regulator is looking to ban this channel or providing a road map to lenders on how to do things properly?
November 4
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Scrapping the Home Equity Conversion Mortgage and starting fresh could be the boost needed.
November 3
National Mortgage News -
Although this is a benefit to lenders who make a mistake in calculating points and fees, it does not address problems associated with a lack of clarity in the rules.
November 3
Offit | Kurman -
Wide-ranging efforts to reform Home Equity Conversion Mortgage lending and servicing practices are designed to close loopholes and resolve policy inconsistencies, but some obstacles remain unresolved and more work needs to be done.
October 31
National Mortgage News -
In Las Vegas the house always wins and many in the industry were talking about the rising house values that are driving competitive purchase markets in some parts of the country.
October 31
STRATMOR Group -
Mortgage lenders need to pay attention because Americans are interacting with peer-based networks to make major purchasing decisions.
October 30
Roostify -
With the news coming out on Oct. 28 that the Federal Open Market Committee has ended bond purchases, finishing its third round of quantitative easing, my first reaction was to check the stock market.
October 30
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The court asked another governmental entity to remedy the plight of non-borrowing spouses facing foreclosure. So far options appear to give few consumers relief.
October 29