Tagged: Federal Housing Administration (FHA)

Onity Group says the state hasn’t clearly defined how fees for optional expedited payments must relate to the cost of providing the service

The affordability plan proposes single-file credit reports for borrowers with scores above 700, reduced GSE pricing charges, and a streamlined refinance option

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

With an announcement reportedly possible, the fight over two-bureau versus tri-merge credit reports is putting cost, borrower outcomes, and lender choice in the spotlight

ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels

The former MBA policy executive would oversee FHA underwriting, servicing, and credit-score changes that directly affect lenders and borrowers

Lenders will gain competing modern scoring options, but borrowers may not see both offered everywhere

Partnership with Ready4Remodel gives brokers a way to show borrowers potential renovations, estimated costs, and payment scenarios before they apply

Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume

The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth