Zero-Down Mortgages Are Making a Comeback

CNN, May 30, 2024-Matt EganMany Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment.Click here for more

GSE CES Opposition Strong, More Details Wanted

Home Equity Lending News, May 24, 2024–Sam GarciaWhile there is support for a Freddie Mac closed-end second product, there is plenty of opposition. Among the concerns are the disruption to …

How Some Homebuyers Are Snagging Rare, Sub-4% Mortgages

Axios, May 21, 2024-Emily PeckHomebuyers typically covet amenities like walk-in closets or cold-plunge pools — but the latest hot thing in the housing market is the old-school sub-4% mortgage.Click here for …

FHA Greenlights Higher Fee for Assumptions

National Mortgage News, May 20, 2024–Bonnie SinnockThe Federal Housing Administration on Monday markedly increased what lenders can charge when a new borrower assumes a loan.Click here for more (subscription)

Mortgage REITs Shrink & Deleverage, Gear Up for Originations

Commercial Real Estate Direct/Trepp, May 16, 2024–Orest MandzyThe major mortgage REITs saw their collective loan portfolios shrink by nearly 11% over the past year, as most had sharply curtailed lending …

MBA: Mixed Trends in Mortgage Delinquencies for Q1 2024

MPA, May 17, 2024-Candyd MendozaOverall mortgage delinquencies ticked up in the first quarter, but not across all three of the major loan types, according to the Mortgage Bankers Association’s (MBA) …