Home equity conversion mortgage originations increased dramatically for the second straight year with FHA endorsements totaling $23.80 billion in 2021, a 33.9% increase from the prior year. (Includes three data charts.)
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FHA loans can make homebuyers less competitive in a tight housing market, according to a report from the National Association of Hispanic Real Estate Professionals.
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Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.
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Homeowners should be wary of “too good to be true” schemes involving loan modifications and foreclosure rescues, the HUD’s internal watchdog warned.
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FHA enhances e-submission of flood insurance data; USDA seeking deferral-assistance applications; HUD introduces new HECM client budget tool; NRMLA to host webinar on best practices; MISMO seeks comments on new MI activation API; FHA introduces Spanish language training.
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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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