Mortgage Specialist
Last night after the markets all closed, like a sneak in the night, the FHFA (Federal Housing Finance Agency) announced they would be assessing a 0.5 point fee on ALL refinance loans sold to Fannie …
Continue Reading about Federal Housing Finance Agency Raises Fees On Borrowers →
Credit Availability Drops Off Cliff: The Mortgage Credit Availability Index measures on a monthly basis the availability of different types of mortgages to consumers. These include traditional …
Additional Options for Borrowers in Forbearance. Earlier this week, the Federal Housing Finance Agency announced that borrowers taking advantage of the forbearance option offered by the CARES Act will …
The number of homeowners requesting mortgage forbearance from their loan servicers continue to grow at a massive pace. It is estimated that between three and four million homeowners have been granted …
On one front, the crisis as it’s been effecting the mortgage industry is abating. The mortgage-backed securities market has stabilized and at least for conforming-sized loans, interest rates are …
The Federal Reserve’s continued buying of Mortgage-Backed Securities has resulted in stability returning to the secondary markets. However, mortgage borrowers, lenders, and investors alike must …
Continue Reading about The Mortgage Market Improves, But the War Rages On. →
