Nearly one in six prospective homebuyers across different races and ethnicities reported facing some form of discrimination during the homebuying process, according to the National Association of Realtors. Others cited their primary reasons for stalling their home purchase as waiting for mortgage rates and home prices to decline, alongside a lack of available homes within their budget.
Read More »Serious Delinquency Rates for FHA/VA Loans Remain Above Pre-Pandemic Levels
According to a new CoreLogic report, new data shows conventional serious delinquency rates remain lower than pre-pandemic levels, even as rates for FHA and VA loans continue to inch upward.
Read More »VA Loans Preferred Choice of Active-Duty Servicemembers
Nine out of 10 servicemembers surveyed intend to use a VA loan to finance housing after transitioning to civilian life.
Read More »Demand for VA Mortgages Spurs Hiring
NewDay USA reported its VA loan originations during the three months ending on June 30 totaled nearly 2,500 loans with an aggregate principal balance of $576 million, a 32% increase from the prior quarter.
Read More »More than $400M Refunded to Veterans
A new report says tens of thousands of vets were improperly charged extra fees when applying for their loans.
Read More »How a New Law Affects Ginnie Mae’s VA Securities
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.
Read More »Making Housing Work for Vets
As the country celebrates 243 years of freedom, take a look at how the industry is helping the men and women on the wall who keep America safe and secure.
Read More »New Program Looks to Ease Customers’ Minds
Guild Mortgage, an independent mortgage lender located in California, announced Homebuyer Protection, a program designed to give customers added protection and peace of mind during the mortgage process. Homebuyer Protection combines three of Guild’s loan programs and services, allowing homebuyers ...
Read More »Which Mortgage Loans Do Service Members Prefer?
Recent data by the CFPB shows how our veterans are financing new homes. Click through to learn what they are choosing and why.
Read More »FHFA: Fannie, Freddie Foreclosure Preventions Top 4M in Q4
The Federal Housing Finance Agency (FHFA) rolled out its fourth-quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac zipped up 67,569 foreclosure prevention actions in the fourth quarter of 2017. Across the board, that brings the number ...
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