First-time buyers have snapped up more than 985,000 homes so far this year

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.

3 million young people were shut out of the housing market in the last 10 years

A new study from Genworth Mortgage Insurance has revealed that around three million potential first time home buyers were shut out of the real estate markets in the last decade.

Private Mortgage Insurance Better than FHA?

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

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.

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