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#MBAServicing23: FHA Announces 30bp Reduction in Mortgage Insurance Premiums
ORLANDO--The Federal Housing Administration announced here at the MBA Servicing Solutions Conference & Expo that it will reduce the mortgage insurance premiums it charges home buyers for its mortgage insurance.
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#MBAServicing23: Jones: More Challenges Ahead for Servicers
ORLANDO--Mortgage Bankers Association Chairman-Elect Mark Jones kicked off the MBA Servicing Solutions Conference & Expo here with a thank-you to the mortgage servicing industry’s “heroic” work during the coronavirus epidemic, now in its third full year.
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(#MBAServicing23) Government Agencies Stress Flexibility
ORLANDO—Representatives of government agencies here at the Mortgage Bankers Association’s Servicing Solutions Conference & Expo stressed their agility in addressing key issues facing mortgage servicers.
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MBA: Mortgage Application Payments Increased 2.3% in January to $1,964
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022, the Mortgage Bankers Association reported.
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CoreLogic: December Single-Family Rent Price Growth Drops by Nearly Half
CoreLogic, Irvine, Calif., reported U.S. single-family rent price gains slowed in December for the eighth straight month on an annual basis.