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Fannie Survey Says: Housing Attitude Remains Cautious

by devteam January 10th, 2015

Even though consumers are becoming increasingly optimistic about the economy and comfortable that it is heading in the right direction, results of the Fannie Mae's December National Housing Survey indicate that they aren't quite so sure of the housing

Update on Mortgage Insurance Cut: FHA to Allow Case Number Cancellation

by devteam January 9th, 2015

Details and clarifications are now available for lenders and borrowers regarding President Obama's Thursday announcement of reduced FHA mortgage insurance premiums (MIP). In addition to fine-turning details about eligibility, a Mortgagee Letter released

New GSE Loans only Minor Factor in Rising Credit Access

by devteam January 8th, 2015

Accessibility to mortgage credit rose in December. The Mortgage Bankers Association said today that its Mortgage Credit Availability Index (MCAI) went from the November level of 114.6 to 115.7, a 1 percent gain . An increase in the index, which was indexed

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