Low-downpayment mortgages remain at the core of financing for first-time homebuyers, who continue to move away from FHA and VA programs to-ward conventional home loans.
Will the FHFA trim cash-out refis by Fannie Mae and Freddie Mac? For now, all is quiet on the topic. In other news: HUD ushered in new regulatory changes for FHA condo financing, making it easier for borrowers and lenders.
Kamala Harris, Elizabeth Warren, Julian Castro and Cory Booker — Democrats jockeying to be the 2020 presidential candidate — lay out comprehensive plans to reform the nation’s affordable-housing system.
HUD Secretary Ben Carson was in the hot seat in Congress this week as Democrats on the House Financial Services Committee questioned him on key issues including oversight.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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