Posts Tagged ‘Loan’

Higher 2017 Conforming Loan Limit Should Boost Mortgage Originations

A $ 5,000 Increase? What About $ 10,000? A new analysis from Black Knight Financial Services reveals that a slightly higher conforming loan limit could be enough to give mortgage […]

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There’s a New ‘Lite Doc’ Loan in the Mortgage World

It feels a little like 2006, but it’s entirely different, or so they say. A lender by the name of Quontic Bank based out of Astoria, New York (Queens) has […]

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It Just Got Easier to Get an FHA Loan on a Condo

Looking to buy a condo but need an FHA loan to get the job done? In the past this may have presented some challenges, but today it just got a […]

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HUD Has No Plans to Lower Insurance Premiums Despite FHA Loan Boom

The past year has been good for the Federal Housing Administration (FHA). The government agency reportedly provided insurance for more than $ 200 billion in mortgage loans during fiscal year […]

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Four Million Homeowners Denied HAMP Loan Modifications, More Changes Coming?

Think it’s hard to get a mortgage? How about a loan modification via the Treasury’s Home Affordable Modification Program (HAMP). A new report from SIGTARP, which stands for Special Inspector […]

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Wells Fargo Has Selected Roughly 400 Underwriters for Non-QM Loan Production

More news on the non-QM loan front, with the new rules set to go into effect on Friday… The top mortgage lender in the country, Wells Fargo, has reportedly assigned […]

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FHA High-Cost Loan Limits Set to Drop in 2014

It’s no secret FHA loans have been extremely popular during the latest housing recovery, thanks to their low down payment and credit score requirements. Before recent changes, FHA loans tended […]

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FHA High-Cost Loan Limits Set to Drop in 2014

It’s no secret FHA loans have been extremely popular during the latest housing recovery, thanks to their low down payment and credit score requirements. Before recent changes, FHA loans tended […]

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Wells Fargo Shifts Loan Officer Pay to Highlight Mortgage Quality

Here’s an interesting little piece of mortgage news. According to an internal presentation obtained by Bloomberg, top mortgage lender Wells Fargo plans to incentivize loan officer pay based on loan […]

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