The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access. Source: Inman News
Posts published in “fannie mae”
During the week ending June 14, mortgage loans in forbearance decreased to 8.48 percent, down from 8.55 percent the previous week, according to the Mortgage…
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers’ portfolio volume during the week ending on June 7, up from…
Some 4.2 million Americans are now using forbearance programs. However, the rate at which loans are going into forbearance is slowing, suggesting conditions are stabilizing. …
Loan officer Breon Price shares what first-time buyers can do to increase their chance of approval despite tighter lending standards amid the pandemic. Source: Inman…
The number of mortgage loans in forbearance increased from 7.54 percent of servicers’ portfolio volume. Ginnie Mae held the largest share of loans in forbearance. …
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner looks at the data to determine the pros and cons of…
The average rate on a 30-year, fixed-rate mortgage could hit 2.9 percent in 2021, according to Fannie Mae’s April housing forecast. Source: Inman News
In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Source: Inman News
The federal mortgage servicers recently joined Fannie Mae and Freddie Mac in offering alternatives to traditional appraisals and employment verifications. Source: Inman News