Housing Wire

JUNE 26, 2023

This is according to the Federal Housing Finance Agency (FHFA) Q1 2023 Foreclosure Prevention and Refinance Report, which was published late last week. The serious delinquency rate also decreased to 0.6% Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units.

VA loan 357

VA loan FHA loan Fixed-rate mortgage Principal 357

Housing Wire

MARCH 24, 2023

The Federal Housing Finance Agency (FHFA) released on Thursday its Fourth Quarter 2022 Foreclosure Prevention and Refinance Report, stating that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac completed 52,469 foreclosure prevention actions in Q4 2022.

Fixed-rate mortgage 410

Fixed-rate mortgage VA loan FHA loan Loans 410

The Close

DECEMBER 29, 2022

These real estate definitions will help you ensure you’re communicating with clients effectively. Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. Discount points are fees paid at closing to secure a lower interest rate.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97