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Fannie, Freddie step up scrutiny for condo mortgages: Here’s what that means for buyers
Bankrate via Yahoo Finance· 8 months agoWhat to know Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that back...
Fannie Mae expands use of AOLs in selling guide update
HousingWire via Yahoo Finance· 4 months agoIn an update to its selling guide, Fannie Mae announced Wednesday that it was expanding the use of...
Denied a mortgage to buy a Florida condo? A secret, quasi-government blacklist may be why
Miami Herald via Yahoo News· 4 months ago‘The thing that bothers me is that people can’t solve these problems if they don’t know they exist,’...
Why was my mortgage application denied? Common reasons underwriters don’t approve loans
Bankrate via AOL· 2 months agoKey takeaways Mortgage underwriting these days is an automated process – software decides whether...
This Sunrise condominium lost its windstorm insurance — so buyers can’t get financed
South Florida Sun Sentinel via Yahoo Finance· 5 months agoAfter Rich Engels’ mother died earlier this year, Engels decided to sell her condo unit in Sunrise Lakes Phase 4. He lined up a buyer, but he said the deal fell apart after the lender learned ...
Rent control laws on the national level? Biden administration offers a not-so-subtle push
USA TODAY via Yahoo Finance· 7 months agoAs rents close in on a record high, more Americans, including the federal government, are wondering...
The great Demotech scare of 2022: a catalyst for change in the Florida insurance market
Bankrate via AOL· 3 days agoIn 2022, news that 27 of Florida’s property insurance companies were potentially facing a financial...
MFA continues to promote HomeNow down payment assistance program
Las Cruces Sun-News via Yahoo News· 2 years agoThe New Mexico Mortgage Finance Authority is continuing to promote the use of HomeNow, which is a...
What is the $25,000 Downpayment Toward Equity Act?
Bankrate via AOL· 4 months agoKey takeaways The Downpayment Toward Equity Act is a proposed bill that would grant up to $25,000 to first-generation first-time homebuyers in the U.S....
Need help paying rent or buying your first home? Here are financial assistance programs in...
Miami Herald via AOL· 2 years agoMiami-Dade County residents are coping with a protracted housing-affordability crisis. Finding an...