Partnership with Ready4Remodel gives brokers a way to show borrowers potential renovations, estimated costs, and payment scenarios before they apply
Tagged: Federal Housing Administration (FHA)
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
Overall delinquencies dipped in the second quarter, but FHA serious delinquencies jumped 227 basis points from a year earlier as more troubled loans moved toward foreclosure
The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers
Trade group says the loss of experienced Rural Housing Service staff could complicate delegated underwriting, lender onboarding, and program guidance
The appraisal management company says it is the first to complete certification for FHA’s modernized EAD platform, giving lender clients an early path toward implementation
LegalShield points to rising homeowner distress following the expiration of pandemic-era FHA relief programs
Former HUD housing leader rejoins the firm as senior managing director to advise on FHA and GSE financing
HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting