As mortgage risk jumped to a series high, a new analysis revealed the factors driving this risk and how the credit easing by the GSEs can ultimately impact their affordable housing mission.
Read More »Montgomery: “FHA Cannot and Should Not Be Taken for Granted”
From housing trends to the agency’s current initiatives FHA Commissioner Brian Montgomery shared his vision for the agency in 2018 and beyond during an event. Here are the details.
Read More »Bringing the American Dream to Veterans
BBMC Mortgage President Todd Jones tells MReport how his own military service helps him anticipate and meet the needs of veteran homebuyers. Editor’s Note: This feature originally appeared in the October issue of MReport, out now.
Read More »Mortgage Apps and DTI Ratios
A new analysis reveals that since 2015 debt-to-income ratio has become the number one reason that lenders have turned down purchase-mortgage applications. What are the factors that are impacting the DTI ratios of homebuyers?
Read More »FHA Discusses Reverse Mortgage Policy Changes
In a conference call, FHA Commissioner Brian Montgomery addressed the recent changes made to the FHA's Home Equity Conversion Mortgage (HECM) Program. Find out what Montgomery talked about.
Read More »Reverse Mortgage Rules Receive an Update
The Federal Housing Administration recently announced that it will begin requiring lenders originating new reverse mortgages, to provide a second property appraisal under certain circumstances. Find out what circumstances call for a second appraisal.
Read More »Commissioner Brian Montgomery Discusses HUD
The Hon. Brian D. Montgomery, FHA Commissioner and Assistant Secretary for Housing, U.S. Department of Housing and Urban Development, headlined a powerful lineup of industry professionals who gathered Monday as part of the Legal League 100 Servicer Summit.
Read More »How The Financial Crisis Changed the Housing Market
Ten years after the financial crisis, we look back on the measures taken in the years since to prevent another crisis and what we've learned. See what's been done, and what can be improved.
Read More »When Will BCFP and Ginnie Mae Get a New Head?
On Thursday, Kathy Kraninger’s nomination to head the Bureau of Consumer Financial Protection advanced to the Senate after the Banking Committee voted in its favor. See who else’s nomination advanced along with Kraninger.
Read More »FHA Announces Policy for Hurricane-Affected Homeowners
The updated policy is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.
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