FHA to lower cost of mortgage insurance
The Federal Housing Administration will lower its annual insurance premiums from 1.35 percent to 0.85 percent, according to sources.
N.Y. mortgage lender settles U.S. civil fraud lawsuit
A New York mortgage company has agreed to a $36 million judgment and its former president will pay $300,000 to resolve civil claims that they defrauded the federal government into insuring poor quality …
A Big Mortgage Change Happened This Weekend: Should You Care?
The Federal Housing Finance Agency will now allow some homebuyers to take out mortgages with down payments as low as 3%.
No Sense in Keeping the GSEs Undercapitalized
WASHINGTON, Dec. 15, 2014 /PRNewswire/ — The Community Mortgage Lenders of America (CMLA) today called on Treasury Secretary Jack Lew and chief GSE regulator Mel Watt to take immediate action to cure the under-capitalization of both the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (GSEs). In a December 10, 2014 letter to the Federal Housing Finance Agency …
Capitol Report: Federal mortgage insurer FHA swings closer to financial health
There’s good and bad financial news for the federal mortgage insurer that aims to support homeownership among families who can’t afford a large down payment.
Trez Capital Senior Mortgage Investment Corporation announces November 2014 dividend
Trez Capital Senior Mortgage Investment Corporation announces November 2014 dividend
Trez Capital Mortgage Investment Corporation announces November 2014 dividend
Trez Capital Mortgage Investment Corporation announces November 2014 dividend
Eclipse Residential Mortgage Investment Corporation Announces Result of Annual Redemption
Eclipse Residential Mortgage Investment Corporation announces that as of November 14, 2014, the expiry date for submitting Class A Shares to the annual redemption, the number of Class A Shares submitted …