The Federal Housing Administration (FHA) administers a program of loan insurance to expand homeownership opportunities. FHA provides mortgage insurance to FHA-approved lenders to protect these lenders against losses if the homeowner defaults on the loan.
You can check the FHA mortgage loan limits in your county by using a tool on the Department of Housing and Urban Development (HUD) website.
Not all home loans are the same. Use our guide to understand how your loan choice affects your monthly payment, your overall costs, and the level of risk.
If you have a mortgage backed by HUD/FHA, USDA, or VA and are struggling to make payments due to the pandemic, you can request initial forbearance anytime during the COVID-19 National Emergency.
Yes. There are several kinds of reverse mortgage loans: (1) those insured by the Federal Housing Administration (FHA); (2) proprietary reverse mortgage loans that are not FHA-insured; and (3) single-purpose reverse mortgage loans offered by state and local governments.
Mortgage insurance lowers the risk to the lender of making a loan to you, so you can qualify for a loan that you might not otherwise be able to get.
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) launched the new mortgage and housing assistance website.
This report explores how servicemember home loan choices have changed from 2006 to 2016.
On February 27, 2023, the Consumer Financial Protection Bureau (Bureau) issued an order against RMK Financial Corp. (RMK), a California-based mortgage lender that also does business under the name Majestic Home Loans.
CFPB Sues Mortgage Lender for False Reverse Mortgage Ads; Orders Others to End Deceptive Advertising Today the Bureau is taking action against three...
Not all home loans are the same. Use our guide to understand how your loan choice affects your monthly payment, your overall costs, and the level of risk.
Today, the Consumer Financial Protection Bureau (CFPB) permanently banned RMK Financial Corporation, which does business as Majestic Home Loans, from the mortgage lending industry by prohibiting RMK from engaging in any mortgage lending activities or receiving remuneration from mortgage lending.
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,190 U.S...
Bureau Orders RMK Financial to Pay $250,000 for Deceiving Borrowers with Claims of Government Affiliation Today the Bureau took action against RMK Financial...
The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on mortgage lending transactions at 7,062 U.S...
The HMDA data made available today cover 2011 lending activity — applications, originations, purchases and sales of loans, denials, and other actions...
If you want to buy a home but you’re concerned about your credit score or credit history, we can help you understand your choices.
Today the Consumer Financial Protection Bureau (CFPB) released a report focusing on mortgages made to first-time homebuyers who are serving in the armed forces or are veterans.
The FFIEC today announced the availability of data on mortgage lending transactions at 6,913 U.S. financial institutions covered by the Home Mortgage...
Some homeowners struggling to pay their mortgage now have more time to seek mortgage forbearance and foreclosure relief. If you’re struggling financially because of the coronavirus pandemic. Don’t wait, get help now.
