FHFA Backpedals on DTI LLPA
The Federal Housing Finance Agency (FHFA) has decided to rescind a loan-level pricing adjustment (LLPA) for conventional borrowers with debt-to-income (DTI) levels at or above 40%. The controversial fee had …
The Federal Housing Finance Agency (FHFA) has decided to rescind a loan-level pricing adjustment (LLPA) for conventional borrowers with debt-to-income (DTI) levels at or above 40%. The controversial fee had …
We’re excited to announce that IET Capital has been certified as a FlexClose Certified Settlement Lender! This certification is a testament to our commitment to providing our clients with a …
On March 27th, The California Housing Finance Agency launched the Dream for All programthat would allocate $300M in down payment assistance to first-time home buyers. Qualified applicants who are accepted to …
On Wednesday, February 22nd, HUD Secretary Marcia Fudge made the announcement that for FHA borrowers, their annual mortgage insurance premiums will be reduced by 30 Basis Points which translates to …
This November, the Federal Housing Finance Agency (FHFA) will be announcing new conforming loan limits for 2023. Industry experts expect that the federal government will increase the maximum loan limit …
Since the beginning of the pandemic, we’ve been tracking the highs and lows of mortgage rates on this blog. In 2020, we saw week after week of record-breaking cheap rates …