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A service for Realtors · Saturday, May 15, 2021 · 541,194,785 Articles · 3+ Million Readers
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Government Mortgage Programs News Monitoring

  • Published on May 14, 2021

    Will my spouse’s debt affect our joint mortgage application?

    Joint mortgage debt can hurt your chances of securing a low interest rate. Here’s what you need to know about debt before applying for a loan. (iStock) When a couple applies for a joint mortgage to buy a piece of real estate, their incomes are combined to …

    Source: Fox News - Right-wing
  • Published on May 13, 2021

    MLO, Ops Jobs; Cross-Border Lending, Processing, Recruiting Products; MBS Issuance Webinar; Quicken Name Change

    MLO, Ops Jobs; Cross-Border Lending, Processing, Recruiting Products; MBS Issuance Webinar; Quicken Name Change People around the nation are “voting with their feet.” Illinois: Seven straight years of population declines. California: Losing population …

    Source: Mortgage News Daily - Neutral
  • Published on May 12, 2021

    Mortgage buyout

    National Housing Trust (NHT) secured mortgage buyout deals with three financial companies that it partners with under the Joint Financing Mortgage Programme, JFMP, but is keeping the details of the transactions under wraps. The size of the buyout is …

    Source: The Gleaner - Neutral
  • Published on May 10, 2021

    Challenges in the financing of low-cost housing

    Over the past year, the government and the State Bank of Pakistan (SBP) have remained on their toes to remove bottlenecks that surfaced in the process of implementation of PTI’s flagship ‘Mera Pakistan Mera Garh’ (MPMG) project. And it is an ongoing, …

    Source: Dawn - Neutral
  • Published on Mar 29, 2021

    Nasdaq-Listed Canadian Firm Mogo Launches Bitcoin Cashback Mortgage Program

    Bloomberg (Bloomberg) -- Hong Kong is expected to have its own blank check company listing framework ready in June for public feedback and targets allowing deals to start by the end of this year, according to people familiar with the matter.The city is …

    Source: Yahoo! Voices - Uncategorized
  • Published on Mar 14, 2021

    President El-Sisi urges launch of new mortgage program for low, middle-income citizens

    President Abdel-Fattah El-Sisi urged the Central Bank of Egypt (CBE) on Sunday to crystalise and launch a new mortgage program for low- and middle-income citizens so that they can get housing units with a low interest rate. Meeting with Governor of the CBE …

    Source: Nile TV International - Uncategorized
  • Published on Apr 6, 2021

    Federal low-income housing grant doubles in size this year

    WASHINGTON (AP) — Thanks to a pandemic-fueled mortgage boom, states will get nearly $700 million in federal grants from a special program for low-income housing, more than double the amount distributed last year.It’s a boost that the Department of Housing …

    Source: Stamford Advocate - Connecticut - Neutral
  • Published on May 7, 2021

    With home values high, this is how owners can benefit

    Historically high property values and favorable mortgage rates are making it easier for homeowners to improve their finances. Here are three ways to reduce debt and build net worth. (iStock) The coronavirus pandemic has led many American households to …

    Source: Fox News - Right-wing
  • Published on May 7, 2021

    Sterling Bancorp is moving past its mortgage woes

    Sterling Bancorp in Southfield, Michigan, is closer to turning the corner from lingering issues tied to a defunct mortgage program. The $3.7 billion-asset company, which has been dealing with fallout from alleged fraud in what once was its biggest business …

    Source: American Banker - Neutral
  • Published on May 7, 2021

    CDC Ban on Evictions Overturned; California Remains Protected

    Commentary The Centers for Disease Control and Prevention (CDC) did not have the legal authority to place a moratorium on evictions during the pandemic, a federal judge ruled May 5. While the news won’t affect Californians, it does highlight the challenges …

    Source: The Epoch Times - Right-wing
  • Published on May 3, 2021

    Family photos, handwritten notes: Buying a home in area's real estate market is tough

    If you don’t have an attractive offer, aren’t ready to go see a house the same day it hits the market and, in some cases, don’t add a personal touch with a photo of your baby or dog, you’ll likely have a hard time getting to the closing table in the …

    Source: Pensacola News Journal - Uncategorized
  • Published on Mar 3, 2021

    North Dakota's home mortgage programs to consolidate under NDHFA

    Bismarck – Bank of North Dakota and North Dakota Housing Finance Agency are taking the first steps toward consolidating the roles they play as state agencies in financing residential real estate, according to a press release issues this week by North …

    Source: INFORUM - Uncategorized
  • Published on May 5, 2021

    With Washington Still Busy, Major Reverse Mortgage Movement Remains Unlikely

    While signs of improvement and recovery from the worst of the COVID-19 coronavirus pandemic are starting to feature more prominently across the United States, federal politicians in Washington, D.C. are consumed with a raft of proposed legislation aimed at …

    Source: AirGuide Destinations - Neutral
  • Published on May 3, 2021

    FHA Official: Prior Mortgagee Letter Guidance for Reverse Mortgages Could be Consolidated in 2021

    The currently senior-most official with the Federal Housing Administration (FHA) indicated last week that all the previous FHA Home Equity Conversion Mortgage (HECM) program guidance handed down to the reverse mortgage industry via Mortgagee Letter (ML) …

    Source: AirGuide Destinations - Neutral
  • Published on Mar 16, 2021

    Tidemark Federal Credit Union serves members in person, electronically

    COVID-19 has changed a lot of things, including how financial institutions operate, but Tidemark Federal Credit Union stands ready to serve its members in person and electronically. CEO Pamela Fleuette said Tidemark was well prepared for the pandemic “ …

    Source: Laurel Star - Delaware - Neutral
  • Published on Jan 11, 2021

    Longbridge Investor Files IPO, Cites Reverse Mortgage Program Changes as Risk

    Wholesale and correspondent mortgage lender and servicer Home Point Capital, Inc. filed for an initial public offering (IPO) through an S-1 with the Securities and Exchange Commission (SEC) late last week, the latest mortgage entity aiming to become …

    Source: AirGuide Destinations - Neutral
  • Published on Apr 30, 2021

    Kinneret Board approves plan to sell the apartments

    The Board of Directors of the Kinneret Apartments announced on Friday, April 23, that it has approved a plan to sell the Kinneret Apartments located in downtown Orlando to a qualified buyer. The proceeds from the potential sale will be invested in programs …

    Source: Heritage Florida - Uncategorized
  • Published on Mar 2, 2021

    HUD Publishes in Federal Register Regarding Reverse Mortgage Index Shift, NRMLA Comments

    Recently, a revision to the Model Home Equity Conversion Mortgage (HECM) was made by the U.S. Department of Housing and Urban Development (HUD) to align with a potential rate index shift, which was described in a notice published in the Federal Register. …

    Source: AirGuide Destinations - Neutral
  • Published on Apr 29, 2021

    Reverse Mortgage Industry Poised to Try Again for New York Co-Op Business

    Although the reverse mortgage industry worked diligently to assist in the development of legislation related to reverse mortgage loans on housing co-operatives in the state of New York, the efforts of all involved ultimately came up short due to the passed …

    Source: AirGuide Destinations - Neutral
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