The veterans benefits package would raise the IRRRL funding fee to 1.42%, adding $3,220 to the cost of a $350,000 refinance for borrowers who aren't exempt
Legislation that would nearly triple the funding fee on VA streamline refinances cleared the House on Veterans Day, reviving a proposal that drew objections from the mortgage industry earlier this year.The Take Care of America's Veterans Act, passed Wednesday, Nov. 11, would...
CHLA calls for changes to condo financing, manufactured housing loans, and down payment assistance to revive the first-time homebuyer market
Last April, the Community Home Lenders of America (CHLA) released its Gen Z Homeownership White Paper. The paper painted a somewhat alarming picture of the unprecedented challenges families and individuals in their 20s and 30s face in achieving the American dream of homeowne...
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