Wells Fargo, the largest FHA lender in 2010, drastically lowered its credit score requirements on FHA loans on the heels of charges from housing advocates that lender credit overlays are discriminatory. Wells said that in January it began accepting applications for FHA-insured mortgages from borrowers with credit scores as low as 500, up...
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.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.