The Federal Housing Administration recently announced changes to clarify how it would enforce its underwriting rules.
The FHA's Home Equity Conversation Mortgage program helps seniors tap into their housing wealth to help pay for living expenses.
A recently proposed rule threatens to substantially curtail the availability of mortgage data.
Why not use this information fully to promote transparency on multifamily CRA activity?
Historically, purchase mortgages have defaulted less often than refinance mortgages.