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VA loans: What they are and how they work
Bankrate via AOL· 7 days agoThat increases the total amount you’re borrowing and the total interest paid. Here’s what you’ll pay: Down payment First-time use Subsequent...30%...
Mortgage loan modification: What it is and how to get one
Bankrate via AOL· 1 week agoFHA loan modification: There are a few options for an FHA loan modification, including an...
Can't make your mortgage? Here are some options
CNBC· 2 weeks agoReach out to your mortgage servicer and discuss what options are available. You might also want to connect with a housing counselor approved by the...
Daily mortgage rates for April 26, 2024: Rates on 30-year, 15-year terms climb for 4th straight week
AOL· 4 hours agoNew data from Freddie Mac reports a rise in 30-year and 15-year fixed mortgage rates for a fourth...
FHA and VA Announce New Loss Mitigation Options | JD Supra
JD Supra· 1 week agoBoth the FHA and VA have established new loss mitigation options to provide payment reduction to delinquent borrowers. On February 21, 2024, the Federal ...
Now may be the time to dump your mortgage insurance
Gannett via AOL· 2 weeks agoFor borrowers who obtained an FHA loan after June 3, 2013 and put less than 10-percent down (the minimum is 3.5-percent), the premiums ...
What is correspondent lending?
Bankrate via AOL· 3 days agoCorrespondent lenders might also sell the...the capacity to do underwriting), who takes over the servicing duties — or sells the loan yet again on the...
AmWest Funding Corporation Continues Strong Growth in 2024 with New Strategic Partnership
The Record Gazette· 2 days agoThe joint venture will seek to capitalize on AmWest's strong position as a leading mortgage originator and servicer with over $15 billion of Non-QM mortgage ...
5 things to avoid if you’re applying for a mortgage (and 3 things you definitely need to do)
CNBC· 1 week agoOf the millions who applied for a mortgage loan in 2023, close to 12% were turned down, according to...
Foreclosures are rising, but it’s not yet alarming
HousingWire via Yahoo Finance· 2 weeks agoUpon implementation, Payment Supplement allows mortgage servicers to temporarily reduce a borrower’s payment by using funds from a Partial Claim,...
