Reverse mortgage lenders that sponsor third-party originators remain fully responsible for what those TPOs do in connection with FHA-insured Home Equity Conversion Mortgages, according to a new ethics advisory from the National Reverse Mortgage Lenders Association....
The national housing market may be approaching its most buyer-friendly stretch of 2026, but the opportunity has less to do with a sudden affordability breakthrough than with the seasonal combination of more listings, slower competition and softer asking prices....
Fannie Mae is moving toward letting mortgage servicers proactively contact homeowners who may be able to eliminate private mortgage insurance, a policy shift that could put monthly savings in front of borrowers who otherwise may not know to ask. Federal Housing...
President Donald Trump has nominated Matthew Jones to serve as assistant secretary for housing at the Department of Housing and Urban Development, a position that carries the responsibilities of commissioner of the Federal Housing Administration. The nomination, sent...
Mortgage demand for newly built homes weakened again in August, extending a five-month slide even as builders continued to convert enough buyers to keep estimated new-home sales above July’s pace. The Mortgage Bankers Association’s Builder Application Survey showed...