Most Recent Mortgage News

FHFA announces updates to appraisal, repurchase rules

FHFA announces updates to appraisal, repurchase rules

The Federal Housing Finance Agency is updating rules governing appraisals to expand waiver access to more buyers.  Citing success it...

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A few welcome rate reductions in a mixed week: Moneyfacts – Mortgage Strategy

A few welcome rate reductions in a mixed week: Moneyfacts – Mortgage Strategy

Fixed rate mortgage increases were more in evidence this week but as Moneyfacts spokesperson Caitlyn Eastell points out, towards the...

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The Second Mortgage Sales Pitch Is Coming, Be Ready

The Second Mortgage Sales Pitch Is Coming, Be Ready

We’re currently in a strange sort of housing crisis where existing homeowners are in a fantastic spot, but prospective buyers...

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Hurricanes? Meh. I don’t even remember their names

Hurricanes? Meh. I don’t even remember their names

Despite these disruptions, people still flock to Florida, drawn by its lifestyle, weather, and lack of state income tax. As...

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California begins registration of financial service providers

California begins registration of financial service providers

LOS ANGELES — California is getting the word out that four segments of the financial services industry — debt settlement...

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Barratt Redrow trading update points to better times ahead – Mortgage Strategy

Barratt Redrow trading update points to better times ahead – Mortgage Strategy

The newly-merged housing developer Barratt Redrow said it is beginning to see a more stable market thanks to better mortgage...

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Is It Time to Bring Back the Mortgage Prepayment Penalty?

Is It Time to Bring Back the Mortgage Prepayment Penalty?

When the housing market crashed in the early 2000s, new mortgage rules emerged to prevent a similar crisis in the...

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What’s top of mind for lenders?

What’s top of mind for lenders?

Broker relationships and outreach remain as important as ever Disclaimer: This story is auto-aggregated by a computer program and has...

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FICO predicted to hike costs for mortgage credit scores by up to 50%

FICO predicted to hike costs for mortgage credit scores by up to 50%

Fair Isaac Corp. (FICO) will once again raise the cost of credit scores, several investment firm reports predict. Recent notes...

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MortgagX is Redefining Brokering for a Smarter, Digital Future – Mortgage Strategy

MortgagX is Redefining Brokering for a Smarter, Digital Future – Mortgage Strategy

 In this interview with Ifthikar Mohamed , we explore how MortgagX is revolutionising the mortgage industry through advanced AI-driven...

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