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News, Page 43

FHFA's Proposed Rules for Non-Banks: Will They Be Effective? – Analyst Blog

On Friday, the Federal Housing Finance Agency (FHFA), regulator of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC), proposed new minimum financial eligibility rules for non-bank mortgage sellers who originate and service mortgages for the two government-owned enterprises.

3 types of mortgage loans for homebuyers

When it comes to getting a mortgage loan, homebuyers have fewer options than they had during the boom years. From the early 2000s until 2008, lenders were much more willing to float exotic loans based on risky terms, but they have returned to safe and sensible home financing.

High mortgage rates? No biggie, poll finds

Many Americans would be untroubled by double-digit mortgage rates and an alarming number say they are not sure what the rate on their mortgage is, according to a survey commissioned by Bankrate.