Tag Archives: Borrowers

A recent announcement revealed HUD, through the Federal Housing Administration, will allow private flood insurance policies on insured single-family mortgages in special flood hazard areas.

The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, while total refinance volume and mortgage rates also decreased in the same month.

As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability. As a result, the diminishing demand from borrowers may lead ...

The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after they have received a loan, not just during the application process. “The ...

As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear.

Finicity's new Verification of Income and Employment (VOIE) solution will speed up borrower verifications and advance the industry's shift to become fully digital.

Simplist's next-generation platform seeks to enhance transparency, affordability, and access for borrowers spanning diverse backgrounds.

Mortgage Cadence's updated capabilities powered by DataVerify will provide additional data verification, fraud prevention, and compliance assistance to lenders.

A study examined the FHA’s program for distressed assets and the ways in which it could be improved. Here’s what it recommended.

Protecting Affordable Mortgages for Veterans Act of 2019, that was signed by President Trump recently will impact certain Ginnie Mae securities for VA loans. Click through to learn more.