FHA released its 2019 Annual Report to Congress, showing the FHA Mutual Mortgage Insurance Fund--which fell to dangerously low levels earlier in the decade--rose to its highest level since fiscal year 2007.
Delinquency rates for mortgage loans on one-to-four-unit residential properties fell to their lowest level since 1995, the Mortgage Bankers Association reported yesterday.
J.D. Power, Costa Mesa, Calif., said overall customer satisfaction with primary mortgage originators improved throughout most of 2019 but dropped off significantly in the second quarter as loan origination volume surged.
MISMO Releases Additional Background Info, FAQ’s on Taxpayer Consent Language for Sharing Tax Transcripts
Last week, MISMO®, the mortgage industry standards organization, released its Taxpayer Consent Language, which was created to provide a consistent way for the mortgage industry to comply with the Taxpayer First Act.