It would come as a shock to many people that very few understand what mortgages are all about and how they work. This has been the reason why many people find themselves with very bad deals once they try to purchase a house
A federal grand jury has indicted a real estate developer and three others for allegedly participating in a mortgage fraud scheme that defrauded financial institutions out of at least $3 million.
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.73 percent of all loans outstanding at the end of the fourth quarter of 2020, according to the Mortgage Bankers Association's
Delinquency rates for mortgages backed by commercial and multifamily properties decreased in January, according to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey.
Putting together a financial checklist for yourself with the specific goal of buying a home in mind is slightly different than simply just creating a budget. Budgets are essential for financial health and they help to guide you and keep you on track, however there is more to consider than just money in and money out if you want to find success as a homeowner.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance increased slightly from 5.37% of servicers' portfolio volume in the prior week to 5.38%
Homeowners 62 and older saw their housing wealth grow by 1.6 percent or $121 billion in the third quarter to a record $7.82 trillion from Q2 2020, the National Reverse Mortgage Lenders Association reported today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
Biden Administration Announces Foreclosure Moratorium and Mortgage Forbearance Deadline Extension That Will Bring Relief...
USDA Extends Evictions and Foreclosure Moratorium to March 31, 2021 and Provides Additional Guidance for Servicing Loans Impacted by COVID-19
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased from 5.46% of servicers' portfolio volume in the prior week to 5.37% as of January 10, 2021.
It’s not that you’re unhappy with the current mortgage. In fact, it’s easy for you to make the installment payments and they always post quickly. Even so, you wonder if refinancing would be a good idea. Since it never hurts to look, contact one of the certified Toronto mortgage brokers and agents and get an idea of what sort of deal you could get.
The Appraisal Institute is collaborating with the National Urban League and Fannie Mae to host a free virtual Appraiser Diversity Initiative workshop, "How to Become a Real Estate Appraiser," Saturday, Jan. 30, noon- 1:15 p.m. EST
Renting out your home isn’t easy. It takes careful planning, and you have to ensure that it’s in good shape to attract tenants easily. Preparing your home for renting won’t only allow you to get the best possible tenants; also, once you provide your property a makeover
Do you want to take the leap and buy your first home? Before you reach this milestone, you will need to get your mortgage application approved. Many first-time buyers find this intimidating, but it doesn’t have to be.
NAR President Charlie Oppler issued the following statement after the Consumer Financial Protection Bureau on Thursday released its final qualified mortgage rule, replacing the QM patch before its scheduled expiration on January 10, 2021.
Graduating from being a renter is among the largest life changes many of us undergo on the path to adulthood. However, outside of a small percentage of exceedingly fortunate individuals, most people rely on mortgages to afford the homes they wish to live in.
Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020
Whether you want to stay in your home forever or plan on selling your home eventually, it is vital to increase the value of your home. Even if you are planning on living in your home until you die, you still may want to leave it to your kids, nieces, or nephews. And as a result, they may want to eventually sell the home.
The apartment you’ve been renting for years seemed big enough until you added kids to the mix. Now you want a house. The problem? You don’t have enough for a down payment. Or maybe daycare costs limit your monthly budget, or your credit history won’t qualify you for a mortgage.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 5.90% of servicers' portfolio volume in the prior week to 5.83%
Every metro area tracked by the National Association of Realtors® during the third quarter of 2020 saw home prices increase from a year ago, according to NAR’s latest quarterly report, released today.