The proposed changes reduce acceptable rental income history from two years to 12 months, among other expansions of FHA guidelines
Conventional, FHA loans drive increase in purchase applications
Half-a-dozen class-action law firms have launched investigations into AnnieMac's "proactive" handling of a late-August data breach.
Recent mortgage rate volatility is a reminder that high financing costs still restrain a broader housing recovery
Sales optimism at a two-and-a-half-year peak reflects builders' belief that an administration change “will result in significant regulatory relief for the industry,” the NAHB Chair said.
The average rejection rate for mortgage applications increased by 8.6 percentage points to 20.7% in 2024, well above the 2019 rate of 10.2%.
Laprade brings over 30 years of experience to the role
Letters detailing the Aug. 23 breach were mailed to thousands of affected customers across multiple states last week.
