Housing Wire
APRIL 8, 2024
This is the latest development in the Biden administration’s war on so-called “junk fees,” with the CFPB pointing out a desire to closely monitor the impacts of discount points in a blog post published in early March. “The GSEs added LLPAs to additional loan types and credit score bands,” he said.
Housing Wire
MARCH 22, 2023
HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. We’ve seen savings of up to 30% in difficult markets like Texas and Florida.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
SEPTEMBER 10, 2020
Q: What developments at the CFPB should the mortgage industry be watching? They’re centering on – there’s been a desire to move away from the so-called GSE Patch QM which is the Qualified Mortgage for loans that are held for sale to Fannie Mae and Freddie Mac that is scheduled for sunset on Jan. Q: What about the other proposals?
Housing Wire
AUGUST 5, 2022
NHC recommends that the CRA regulation develop a process for collecting and reporting baseline data on investment and lending to people of all races,” wrote David Dworkin, the National Housing Confeence’s CEO. This same data reporting should be used in assessing performance and establishing performance context in CRA evaluations as well.”.
Housing Wire
APRIL 4, 2022
Text sign showing hand written words FHA Home loan. Over 80% percent of FHA purchasers are first-time homebuyers, and borrowers of color obtained over 40% of FHA loans last year, according to HUD. The FHA also insured more than twice as many loans to Black and Hispanic borrowers last year as the rest of the mortgage market combined.
Housing Wire
FEBRUARY 6, 2023
Along the way they have impacted other cells in the matrix that have higher credit scores and lower LTVs with some increases as well as increases to things like cash out refinances and high balance loans. 25% – 375% should their debt-to-income ratio drift above 40%.
Housing Wire
AUGUST 7, 2023
Since 2008, the number of private secondary mortgage providers has reduced dramatically, and those that remain in the market generally purchase jumbo loans from more affluent borrowers. While banks also have the capacity to make loans and hold them on their balance sheets, the majority sell most or all of their loans to secondary providers.
Expert insights. Personalized for you.
410 
Let's personalize your content