Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

Insurance 334

Insurance Modernization Lending Mortgage 334

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” It affected at least 50% of the staff, positions in operations and loan officers, according to multiple former employees. A massive job cut. Marginal reductions . billion in the last 12 months.

Mortgage 358

Mortgage Loan Officers Lending Business 358

Housing Wire

JUNE 24, 2021

Panelists: Clayton Collins, CEO, HW Media Courtney Graham, Chief Marketing Officer, Princeton Mortgage Paul Akinmade, Chief Strategy Officer, CMG Financial. Panelists: Scott Betley, Loan Officer, NFM Lending Brena Nath, Managing Editor, HousingWire. Building a Personal Brand. Social Media Master Class: Instagram.

Loan Officers 280

Loan Officers Lending Finance Business 280

Housing Wire

NOVEMBER 7, 2023

FHA loans are a popular option for first-time homebuyers or those who don’t have a lot of cash saved for a down payment, because the loans require a minimum of 3.5% VA loans offer a 100% financing option for qualifying military service members and veterans, and don’t require mortgage insurance.

Agents 438

Agents Sellers Buyers Finance 438

Housing Wire

MARCH 29, 2022

The federal government was for redlining before it was against it, instituting color-coded maps of fast-changing metropolises for the better part of the 20th Century. And if these agencies were to find that a merger ran counter to public interest because of a bank’s discriminatory lending practices, it’s not likely anyone would know about it.

Lending 351

Lending Government Law Mortgage 351

Housing Wire

AUGUST 8, 2023

(The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. Targeting jumbos made sense for Busch as he is based in Washington, D.C.,

Insurance 316

Insurance Mortgage Clients Lending 316

Housing Wire

JANUARY 25, 2022

There’s already been widespread margin compression with agency conventional products due to the declines in refinances, while government margins will likely start compressing soon as well. This includes how much cash is used to fund new loans, cycle time on loans in inventory, and how fast you’re selling loans.

Mortgage 326

Mortgage Inventory Business Loan Officers 326

PennyMac

MARCH 4, 2024

There’s a lot to consider when it comes to choosing the right one — everything from interest rates, loan types and fees to service and experience. Purchasing a home is a big step, and you want a knowledgeable lending partner by your side as you weigh your financing options and navigate the paperwork involved.

Loan Officers 65

Loan Officers Insurance Mortgage Sellers 65

Assurance Financial

NOVEMBER 28, 2023

Repayment: You make monthly payments on the loan , which typically include principal, interest, taxes and insurance. The loan is usually repaid over a period of years. Ownership: Once the loan is fully repaid, you own the property outright. Insurance Does a mortgage payment include insurance?

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

PennyMac

JULY 25, 2022

Conventional Loan. Conventional loans by definition are loans that are not backed or insured by any government entity. They are funded by a private lending institution and then typically sold to a government-sponsored entity such as Fannie Mae or Freddie Mac. Flexibility on loan terms.

Insurance 36

Insurance Government Investing Mortgage 36

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. The June 1, 2024 effective date was intended to provide advance notice to accommodate lenders’ and servicers’ internal governance processes.

Reconsideration of Value 73

Reconsideration of Value Appraisal Real Estate Insurance 73

Miller Samuel

FEBRUARY 12, 2019

(Fannie Mae and Freddie Mac are Government sponsored enterprises that purchase mortgages from banks and mortgage companies in an effort to create liquidity so that lenders have the capacity to lend to more homebuyers). It’s like a Hollywood actor paying their agent 60% instead of 10%,” Miller said.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. The federal government issues the certificate. Conforming Loan. Closing Costs.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Assurance Financial

JULY 27, 2021

You need to repay the mortgage according to the terms of the loan. Most mortgages require you to make monthly payments of principal, interest and other fees, such as private mortgage insurance (PMI). Two broad categories of mortgages exist, private loans and government-backed loans. Conventional Conforming.

Mortgage 69

Mortgage Government Construction Insurance 69

PennyMac

AUGUST 10, 2022

FHA stands for the Federal Housing Administration, a government agency created in 1934 by the U.S. An FHA loan sounds like a loan that comes from the FHA, right? This is not true — the FHA does not issue loans directly to homebuyers. Instead, they insure loans offered by private lenders. Mortgage Insurance.

Insurance 36

Insurance Buyers Mortgage Renovations 36

PennyMac

JUNE 28, 2022

Insurance. A second home usually means higher insurance costs for homeowners. The location and type of home you have will influence how much insurance costs, especially if you are getting a vacation home with many appealing amenities. If you’re renting, there’s also landlord insurance. Have you paid off your current home?

Tenants 36

Tenants Landlords Finance Insurance 36

Assurance Financial

JUNE 15, 2023

Fannie Mae and Freddie Mac are two government-sponsored entities (GSEs) that play a significant role in the United States housing market by providing liquidity to the mortgage market. Freddie Mac, on the other hand, stands for the Federal Home Loan Mortgage Corporation. Are Fannie Mae and Freddie Mac the Same? housing finance system.

Government 36

Government Housing Market Mortgage Investors 36

PennyMac

SEPTEMBER 9, 2020

Conventional loans, the most common mortgage type, require Private Mortgage Insurance (PMI) with a down payment of less than 20%. However your PMI can be removed (by request) once you’ve hit a 78% loan-to-value ratio in some cases. Here are four loan options that can help your down payment dollars go further.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

Assurance Financial

JULY 23, 2021

The exact amount you need to save up for a down payment depends on the type of loan you choose, the market conditions and your financial situation. That might be true, as putting down 20% allows you to avoid paying private mortgage insurance (PMI) premiums and can mean you get a better interest rate on your loan.

Mortgage 74

Mortgage Real Estate Agent Government Loan Officers 74