Banks FHA loan Loans 
Housing Wire
OCTOBER 9, 2024
Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral – and also offers a warranty on income calculations and cleared conditions for funded FHA loans.
Housing Wire
DECEMBER 1, 2023
The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%. The self-employed homebuyer found an $800,000 home in Texas, but with the conforming loan limit for 2023 being $726,200, the buyer needed a jumbo loan or a bank statement loan.
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Housing Wire
MAY 19, 2025
“It feels like the right moment for this product,” said Jeana Curro , who leads agency MBS research at Bank of America. And there has been a move away from Fannie Mae and Freddie Mac products and toward offerings from the Federal Housing Administration (FHA) and U.S. . It was a more affordable mortgage.”
Housing Wire
JUNE 9, 2025
For Ginnie Mae loans, which often serve lower-income and first-time borrowers, DTIs have surged to 45.1%, the highest since 2008 1. According to the Federal Reserve Bank of New York, credit card delinquency (60+ days past due) reached 3.5% in 2025 2 could pose risks for high loan-to-value (LTV) borrowers who have minimal home equity.
Housing Wire
AUGUST 31, 2023
NexTier , the holding company of NexTier Bank , will acquire Mars Bancorp , the holding company of Mars Bank. The combined company and branch locations will operate under the NexTier Bank brand, both banks said in a release Thursday. With the acquisition, NexTier Bank will have total assets in excess of $2.6
Housing Wire
OCTOBER 4, 2023
In an environment where 30-year fixed mortgage rates are racing towards 8%, loan officer pipelines are thinning dramatically. But LOs who cater to first-time homebuyers’ needs – offering FHA loans and down payment assistance loans — are faring better, Michael Ullmann, producing branch leader at Movement Mortgage , explained. “So
Housing Wire
DECEMBER 28, 2023
In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.
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