The Federal Housing Administration has rewritten how lenders determine the controlling credit score on an FHA loan when more than one scoring model is submitted, settling a consequential underwriting question ahead of the agency’s January 1 transition to...
Homebuyers using Uplist’s property-payment tools can now see a zero-down FHA financing scenario alongside standard mortgage options before submitting personal information or undergoing a credit pull. Uplist has integrated financing estimates from Arcasa into the...
The Federal Housing Administration is moving to rewrite property standards that it says have gone more than two decades without a comprehensive update, opening a potentially consequential change for FHA borrowers, lenders, appraisers and sellers. FHA on Sept. 22...
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...
There is a strange contradiction developing in the mortgage market right now, and I think we need to be careful about how we talk about it. By most broad measures, the mortgage system is still in pretty good shape. There is no national foreclosure crisis, there is no...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
