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The action is part of HUD’s Credit Watch Termination Initiative, which monitors mortgage lenders’ performance.
The U.S. Department of Housing and Urban Development (HUD) terminated Equity Prime Mortgage’s (EPM) Direct Endorsement (DE) ...
A new report on average mortgage rates across various home loan types was released Thursday, providing potential homebuyers ...
As of Thursday afternoon, the FHA rate was 5.97% and the VA rate was 5.99%, according to Mortgage News Daily data.
FHA loans and conventional loans are both issued by private lenders, but FHA loans are insured by the federal government, and conventional loans are not. Due to their federal backing, FHA loans have ...
FHA loans come with closing costs, typically 2 percent to 6 percent of a home’s purchase price. These costs are above and beyond the FHA loan 3.5 percent down payment requirement. FHA closing costs ...
To find the best FHA lender, shop around with at least three lenders and compare their loan offers and terms. Ask FHA lenders about their current rates, if they offer down payment assistance and a ...
Are you interested in buying a fixer-upper, but don't have the cash to remodel it? Or maybe you have saved money for remodeling and you've found a house you love, but your lender won't allow you to ...
Intended for people with lower credit scores and less cash for a down payment, FHA loans are a popular pathway to first-time homeownership. Katherine Watt is a former CNET Money writer focusing on ...
Optimal Blue today released its August 2025 Market Advantage mortgage data report, which found a sharp split between purchase ...
If you’re shopping for a mortgage, you may be wondering whether to opt for a conventional loan or an FHA loan. Federal Housing Administration (FHA) mortgage loans are government-insured, not ...
PMI is a type of insurance that protects the lender, not the borrower, in case the homeowner defaults on a conventional loan.