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Critical Update on FHA's New MIP Cancellation Procedures
The Federal Housing Administration (FHA) has issued a critical update related to last week's announcement of FHA premium changes. The update contains instructions for lenders wishing to cancel case numbers for loans in process pursuant to Mortgagee Letter
Negative Equity Nearing Pre-Crisis Levels
Owners of some 90 percent of mortgage properties in the U.S. now have some degree of equity in their homes. CoreLogic said today that 273,000 properties returned to a positive equity status during the third quarter of 2014 and overall equity increased
RealtyTrac asks if Wall Street is your Landlord. We ask for how long?
It was notable in the years after the housing collapse that the composition of investors in single family real estate changed drastically. Long the providence of small investors - individuals who purchased a few properties to either flip or rent out for
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...