Mortgages in forbearance decreased from 6.93 percent to 6.87 percent during the week ending Sept. 20, according to the Mortgage Bankers Association. Source: Inman News
Posts published in “FHA loans”
The volume of mortgage applications declined 2.5 percent for the week ending Sept. 11, according to the Mortgage Bankers Association’s weekly survey. Source: Inman News
The market composite index, which measures mortgage loan application volume, increased by 2.9 percent on a seasonally adjusted basis. Source: Inman News
Three chief economists share how FHA homeowners have been disproportionately impacted by 2020’s coronavirus-induced unemployment boom and what it means for next year’s market. Source:…
For the eighth week in a row, total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans. Source:…
The decline in loan application activity may be a result of rising coronavirus cases in many states, as well as the delay of a new…
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3 percent return on investment from the original price, a…
The National Association of Realtors’ plan calls for expanding down payment assistance programs, improving FHA loans and alternative credit scoring models. Source: Inman News
The number of single-family homes and condominiums flipped in the first quarter of 2020 reached 53,705, up 7.3 percent year over year, according to Attom…
Forty-five Congressional Democrats have asked HUD Inspector General Oliver Davis to investigate allegations that HUD denied DACA recipients’ FHA home loans. Source: Inman News