Hunt Mortgage Group Closes Seven FHA Deals
Hunt Mortgage Group, a commercial real estate lender, announced today that it has financed seven affordable housing projects with FHA/HUD loan facilities. The total Hunt investment is $102 million and …
Mortech Integrates United Guaranty Mortgage Insurance Pricing into Marksman
Mortech®, a Zillow® business providing mortgage technology software solutions for mortgage bankers and secondary market teams, has integrated United Guaranty’s real time mortgage insurance quotes into Marksman, the company’s flagship marketing and product and pricing engine .
Collingwood Group Mortgage Outlook Report Finds Doubts About President Obama's Housing Plan
WASHINGTON, DC — via PRWEB – A new survey finds mortgage and housing industry professional believe President Obama's recent announcement to reduce the price of FHA annual premiums will have a minimal …
FHA Loans Become More Affordable as the FHA Reduces Mortgage Insurance Premiums
COSTA MESA, Calif. — via PRWEB – In April 2013, the FHA increased the monthly mortgage insurance from .55 to 1.35 to help offset the insolvency of the agency. Since then the FHA is not solvent again and …
Mortgage company beefs up staffing to prepare for Obama's FHA mortgage insurance rate cuts
INDEPENDENCE, Ohio, Jan. 12, 2015 /PRNewswire-iReach/ — NLC Loans™ is excited to announce ramped up staffing in response to the impending cuts to FHA mortgage insurance premiums initiated by President Obama on Thursday. The Ohio-based company's personal mortgage advisors and customer service associates are ready to assist both potential and existing homeowners take advantage of savings that …
Mortgage REIT highlights: A mixed jobs report
Last week had some key data for the REIT sector, starting with the FOMC minutes on Wednesday. The minutes were taken as slightly dovish.
Will Affordable US Houses Hurt Private Mortgage Insurers? – Analyst Blog
Obama announced yesterday, at a high school in Phoenix, that annual mortgage premium charged by Federal Housing Administration (FHA) will be trimmed by 50 basis points.
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.
Mortgage insurance costs to drop
The FHA will lower its annual insurance premiums from 1.35 percent to 0.85 percent, according to sources.