Could FHA borrowers get mortgage insurance relief?
The Mortgage Insurance Freedom Act aims to alleviate FHA borrowers' mortgage insurance costs at 78% LTV, enhancing affordability and equity accumulation.
Low down payment mortgages help first-time buyers
Private mortgage insurance allows first-time homebuyers to enter the market with as little as 3% down payment despite high interest rates.
Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners - QNS
The Mortgage Insurance Freedom Act aims to relieve financial burdens for first-time homeowners by allowing FHA borrowers to cancel mortgage insurance premiums.
MMI Fund capital reserve is now 5X larger than required
The FHA's Mutual Mortgage Insurance Fund achieved a robust financial year with a capital reserve ratio of 11.47%.
The percentage of first-time homebuyers using FHA insurance remained consistent, reflecting strong support despite market challenges.
Could FHA borrowers get mortgage insurance relief?
The Mortgage Insurance Freedom Act aims to alleviate FHA borrowers' mortgage insurance costs at 78% LTV, enhancing affordability and equity accumulation.
Low down payment mortgages help first-time buyers
Private mortgage insurance allows first-time homebuyers to enter the market with as little as 3% down payment despite high interest rates.
Reps. Gregory Meeks and Pete Sessions introduce bill to support first-time homeowners - QNS
The Mortgage Insurance Freedom Act aims to relieve financial burdens for first-time homeowners by allowing FHA borrowers to cancel mortgage insurance premiums.
MMI Fund capital reserve is now 5X larger than required
The FHA's Mutual Mortgage Insurance Fund achieved a robust financial year with a capital reserve ratio of 11.47%.
The percentage of first-time homebuyers using FHA insurance remained consistent, reflecting strong support despite market challenges.
FHA updates portal to accommodate expansion of 203(k) loan program
FHA updates the 203(k) program to incorporate wider financing options and increase rehabilitation cost limits for improved home renovation accessibility.
ICE rolls out mortgage insurance center on Encompass
ICE launched a mortgage insurance center on Encompass for a 'life-of-loan' vision.
The MI center enhances rate quote comparisons and facilitates easy access to multiple insurance providers.
Radian to lay off employees in Pennsylvania
Radian Group to lay off 70 employees in Pennsylvania in September, focusing on aligning expenses with market opportunities.