Home sales are tepid, but mortgage fraud is becoming more common

CoreLogic’s risk index rose 8.3% in the past year, driven by more cases of identity and…

Next on the road map: Candor automates underwriting for FHA loans

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing…

FHA proposes updates to partial claim payoff statements

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single…

Better rolls out FHA streamline refi product

Better Home & Finance Holding Co., the parent of digital lender Better.com, rolled out its Federal…

Consumer advocate says policy changes are needed to help FHA buyers compete

The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the…

Mortgage rates plummet and everything has suddenly changed — for now

“For example, I locked one loan today that would have cost the borrower 1.213 points on…

HUD proposes permanent program for sale of seriously delinquent mortgages 

The U.S. Department of Housing and Urban Development (HUD) on Wednesday proposed a new rule that…

Mortgage applications dropped as rates moved higher last week: MBA

Mortgage applications declined by 2.6% on a seasonally adjusted basis during the week ending June 28,…

Open Mortgage has FHA direct endorsement authority terminated in Iowa

The U.S. Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA)…