The maximum loan limits for FHA forward mortgages will rise in 3,222 U.S. counties next year, while in just 12 counties, loan limits will remain unchanged.
Read More »Study Finds Borrowers Favor Appraisal Experience Over Cost
According to the latest study from Regorra, data found that significantly more borrowers prioritize quick, quality reports over the cost of the appraisal.
Read More »Bringing Credit Invisibles Into the Light
Michele M. Evans of Fannie Mae discusses the GSE’s new Positive Rent Payment Reporting pilot program and how renters on the path to homeownership can build their credit history and improve their credit score.
Read More »Lenders React to Rate Hikes, Decreasing Demand
According to a new report by J.D. Power, mortgage lenders are struggling to stand out as demand continues to plummet and rates increase, resulting in higher customer expectations and increased competition.
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