Home sales might be slowing down, but that’s not the case with first-time buyers according to a new report by Genworth Mortgage Insurance.
Private Mortgage Insurance Better than FHA?
April 9, 2012 by
Since 1 April, potential borrowers with credit disputes totaling more than $1000 have been ineligible for FHA mortgages, and today the FHA is due to increase its insurance premiums.
Fannie Mae Given More Authority Over Short Sales
February 6, 2012 by
Fannie Mae has been given the authority to proceed with a short sale or file deeds in lieu of foreclosure by five mortgage insurers, without needing to secure their approval, it has been revealed.