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A new Freddie Mac pilot program will offer mortgages on manufactured housing with terms that more closely resemble conventional financing for site-built homes.
November 30 -
The sustained rise in home values will boost Fannie Mae and Freddie Mac's loan limits for 2019, marking the second consecutive year in which it increased by nearly 7%.
November 27 -
Greenway Mortgage, a New Jersey lender that pledges to support charitable causes, is launching a consumer-direct digital mortgage division that will specialize in one-stop shopping for home renovations.
November 27 -
The proposal by Fannie and Freddie’s regulator to impose bank-like capital requirements would be relevant only if the companies leave conservatorship. But that hasn’t stopped lenders from requesting changes.
November 26 -
Private mortgage insurers are moving away from traditional rate cards in favor of more granular risk-based pricing to make their products more competitive and efficient for lenders.
November 26 -
A National Fair Housing Alliance-led group plans to amend and refile a recently dismissed complaint against Deutsche Bank, Ocwen Financial Corp. and Altisource Portfolio Solutions alleging racial discrimination in property preservation.
November 21 -
Freddie Mac is expanding its Home Possible loan program to allow borrowers in rural locations to use "sweat equity" for down payments and closing expenses.
November 20 -
Fannie Mae's economic growth forecast for 2018 inched up slightly, but a strong labor market won't mean the same positive results for housing.
November 20 -
Carrington Mortgage Services has created a nondelegated correspondent channel, looking to build on relationships it has with originators that currently broker loans to the company.
November 20 -
Subprime originations are climbing in multiple consumer loan categories, including mortgages, but the increase is much smaller in the home loan sector than it is in other markets, according to TransUnion.
November 19












