Learn about mortgage insurance, its role in protecting lenders, and the various types, including private mortgage insurance ...
FHFA head Bill Pulte said he was aligning policies between two mortgage giants to allow servicers to contact borrowers who ...
FHFA will let servicers of Fannie Mae and Freddie Mac loans call borrowers who may qualify to drop private mortgage insurance ...
Federal Housing Finance Agency Director Bill Pulte has directed government-sponsored mortgage holder Fannie Mae to change its ...
If you were a first-time home buyer, had less-than-ideal credit, or owed a lot of debt while home shopping, then you may have chosen an FHA loan rather than a regular conventional mortgage. But while ...
FHFA orders Fannie Mae to match Freddie on PMI cancellation outreach—servicers can notify eligible borrowers, cutting ...
Conventional, FHA, USDA, VA: four mortgage types with very different rules, costs, and trade-offs that can make or break your path to homeownership. Knowing which one fits your situation starts with ...
Private mortgage insurance (PMI) is an extra expense for conventional mortgage borrowers who make a down payment of less than 20 percent. Although the borrower pays for it, PMI actually protects the ...
Learn what an FHA loan is, how it works, FHA loan requirements, down payments, mortgage insurance rules and whether FHA ...
Refinancing could make sense if you want to lower your interest rate, get rid of mortgage insurance or change loan terms ...
With 3.5% down and credit scores as low as 500, FHA loans are a realistic entry point for first-time buyers. Here’s how they ...