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FHFA assisted nearly 44,000 troubled homeowners in Q4 2023

Housing Wire

By comparison, the serious delinquency rate for Federal Housing Administration ( FHA ) loans was 3.42% in Q4 2023. Department of Veterans Affairs ( VA ) loans was 2.01% and the industrywide average for all loans was 1.52%. The rate for U.S.

VA loan 466
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GSEs completed nearly 60,000 foreclosure prevention actions in Q1 2023: FHFA

Housing Wire

at the end of Q1, “compared with 4.01% for Federal Housing Administration (FHA) loans, 2.26% for Veterans Affairs (VA) loans, and 1.73% for all loans (industry average),” the report said. Real-estate owned (REO) inventory also increased by 2% over the course of Q1 to 11,190 units.

VA loan 370
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FHFA prevention actions surpassed 52K in Q4 2022

Housing Wire

Comparatively, the serious delinquency rate for Federal Housing Administration (FHA) loans was 4.4% in Q4, the Department of Veterans Affairs (VA) loans rate was at 2.43%, and at 1.89% for all loans based on the industry average.

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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Talk to your agent and a licensed loan officer to explore your options). As for insurable houses, there are a variety of financing options for government-backed loans: VA loans. FHA $100 down program: The $100 down program is an FHA loan that doesn’t require the typical 3.5% down payment, but a mere $100 instead.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

It’s an official form certifying that a veteran has met the terms that qualify someone for a VA loan. VA loans might have a lot of red tape, but they can be excellent, affordable options for service members and their spouses. How to Get a Real Estate License in 5 Simple Steps. Real-estate owned (REO).