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... has updated and clarified its formula by which the initial mortgage insurance premium is calculated for refinanced Home Equity Conversion Mortgages ...
Mortgage News Ticker - 2018-01-02 10:40
... Lock Alerts, read industry news, get answers to your UWM and mortgage questions and more. Plus, the new UWM.com seamlessly integrates with ... Perhaps that is because it is not clear if FHA insurance would also terminate at 78% when the borrower stops paying premiums. ...
John Councilman - 2017-11-03 15:02
... the second quarter, up from 34 percent a year ago. In the mortgage market, they accounted for 57 percent of all purchase mortgages ... in U.S. history. The vast majority of homes had no flood insurance. Only 15% of homes in Harris Country, which includes Houston, have ...
John Councilman - 2017-08-31 17:20
... (HUD) has announced changed to its Home Equity Conversion Mortgage (HECM) program. In a statement issued by HUD, the department noted that the initial mortgage insurance premium (MIP) will become two percent of the maximum claim account, ...
Phil Hall - 2017-08-29 17:23
... communicates that Mortgagee Letter 2017-01 , reducing Mortgage Insurance Premiums for loans with Closing/Disbursement date on or after Jan. ...
Phil Hall - 2017-01-23 16:10
... the reduction in the Federal Housing Administration (FHA) mortgage insurance premium that was announced last week has been suspended indefinitely. ...
Phil Hall - 2017-01-20 15:29
... From NAMB is sponsored exclusively by United Wholesale Mortgage . United Wholesale (Advertisement) Looking for a ... Historically, FHA did fine with a .55% annual mortgage insurance premium. Is Gender Identity Training in Your Future? HUD ...
John Councilman - 2017-01-06 00:32
... and consumers were afraid of the term “Adjustable-Rate Mortgage.” So the only refinancing to be done is lowering interest rates. Now ... that those same loan officers are trying to sell mortgage insurance premium (MIP) removal, they are having a hard time conveying the ...
NationalMortgageProfessional.com - 2016-03-21 18:14
... From NAMB is sponsored exclusively by United Wholesale Mortgage (UWM) . United Wholesale (Advertisement) UTrack ... are no plans at FHA to have early removal of FHA mortgage insurance. Golding fielded numerous questions from Committee members after ...
John Councilman - 2016-02-19 11:00
... From NAMB is sponsored exclusively by United Wholesale Mortgage . United Wholesale (Advertisement) Are you ... two percent mandated reserve requirement. FHA's emergency insurance fund has a value of $23.8 billion with a capital ratio of 2.07 ...
John Councilman - 2015-11-19 16:16