Category: Uncategorized

Fannie Mae Change Aimed at Helping More Struggling Borrowers Avoid Foreclosure

DSNews  By: Brian Honea  December 7, 2015  The GSEs have made helping families avoid foreclosure one of their top priorities since the start of the housing crisis, and Fannie Mae just announced an update to support a policy change to assist in that initiative. Fannie Mae announced it has updated its Servicing Management Default Underwriter […]

Majority of Americans Unconcerned Over Fed’s Rate Increase

Majority of Americans Unconcerned Over Fed’s Rate Increase DSNews   by Scott Morgan   January 20, 2016 In a recent survey which asked consumers how they felt about the effect of the Federal Reserve’s recent rate hike on the economy, more than half of respondents (56 percent) were not concerned—Any worries expressed over the Federal Reserve’s recent […]

FHA to Reduce Mortgage Insurance Premiums by 0.5 Percent

National Mortgage Professionals – BY: Phil Hall, January 7, 2015 In advance of President Obama’s speech tomorrow in Arizona on housing policy, the White House has issued confirmation that the Administration is directing the Federal Housing Administration (FHA) to cut the annual mortgage insurance premium from 1.35 percent to 0.85 percent. The White House is billing this […]

FHA Program Aims to Expand Credit; Lower Risk

DSNews    BY:  Colin Robins    May 13, 2014 The Federal Housing Administration (FHA) issued its “Blueprint for Access,” which aims to expand credit access for underserved borrowers by utilizing housing counseling as a means to reduce the possibility of loans becoming seriously delinquent. The announcement highlights a new pilot program, Homeowners Armed with Knowledge (HAWK), which […]