Mortgage & Finance

Will Trump Repeal Latest FHA Mortgage Insurance Premium Cut?
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Will Trump Repeal Latest FHA Mortgage Insurance Premium Cut?

While multiple sources believe Trump will repeal the cut, new administration... More

Buyers Don't Need to Save 20% for a Down Payment
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Buyers Don't Need to Save 20% for a Down Payment

Saving for a down payment is often the biggest hurdle for first-time home buyers,... More

The Mortgage Market’s $1 Trillion Pocket of Worry
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The Mortgage Market’s $1 Trillion Pocket of Worry

Bonds backed by certain risky single-family mortgages topped $1 trillion for the... More

Fake Accounts Scandal Hurting Wells Fargo's Mortgage Referral Business
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Fake Accounts Scandal Hurting Wells Fargo's Mortgage Referral Business

The bank missed earnings expectations in the fourth quarter. More

Deutsche Bank Officially Reaches $7.2B RMBS Settlement
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Deutsche Bank Officially Reaches $7.2B RMBS Settlement

Although the bank made the announcement in late December, the settlement was not... More

Mortgage Application Index Rose 0.8% Last Week
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Mortgage Application Index Rose 0.8% Last Week

New conforming loan balance limit takes effect for the week ending January 13th. More

Why There Were Fewer Foreclosures in 2016
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Why There Were Fewer Foreclosures in 2016

With stricter lending requirements and regulation, home loans are in “pristine”... More

Democrats Request Testimony From Mnuchin's Foreclosed Upon Homeowners
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Democrats Request Testimony From Mnuchin's Foreclosed Upon Homeowners

Democrats have asked the Senate Committee on Finance to allow “victims of Mnuchin... More

Variations for Collateral-Related Loan Denials Seen on the State Level
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Variations for Collateral-Related Loan Denials Seen on the State Level

Collateral issues are the third-most frequently cited reasons for denials behind... More

Fannie Mae and Freddie Mac Increase Mortgage Modification Interest Rate
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Fannie Mae and Freddie Mac Increase Mortgage Modification Interest Rate

Mortgage modification interest rate is at its highest since July 2015. More

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