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DTI’s Ties to Mortgage Default Rates

debt

The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.

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Ginnie Mae, NewDay USA Reach Agreement on VA Loans

veterans

NewDay USA, one of the nation's largest VA mortgage lenders serving veterans and servicemembers, has been approved as a Ginnie Mae Servicer Seller for VA loan production. NewDay is currently approved to issue Ginnie Mae I and II securities for ...

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