Conventional loans which are resold to Fannie Mae only allow buyers' DTI to go up to 50% - meaning that no more than 50% of their gross monthly income should be allocated to their total monthly debt ...

Appraisal Institute and MBA differ on FHA’s second appraisal rule for HECMs, with debate over risk, cost and modernization.

Research has shown that FHA buyers have been intentionally excluded from the housing market in the past. What's surprising is that the bias against FHA borrowers has persisted even in today's buyer's ...

NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse ...

FHA loans are insured by the federal government and financed through lenders that sell the loans into securities guaranteed ...

Holiday home shopping can mean better prices and motivated sellers — making now a great time to buy. Plus, top lenders for ...

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are ...

Splitero reports that automated valuation models (AVMs) quickly estimate property values using data, offering speed and affordability over traditional appraisals.

SoFi reports refinancing a mortgage replaces an old loan with a new one, potentially offering better terms, but costs must be ...

Don't accept the first rate you're quoted. With mortgage rates at 1-year lows, these six strategies — from credit tweaks to ...

Many say “history always repeats itself” and in the case of appraisals, it may be for the best. We sat down with Edward Pinto, the Co-Director of AEI’s Center on Housing Markets and Finance as he ...

As of the third quarter, Americans owe $1.23 trillion in credit card debt, an all-time high, the New York Fed says.