Applications for FHA-insured loans spiked in late September, as borrowers tried to get their apps in before higher FHA premiums took effect Oct. 4, according to the latest industry surveys. A recent Mortgage Bankers Association weekly application survey showed that a significant increase in purchase activity was led...[Includes one data chart and one graph]
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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