HUD FOIA response reveals FHA collects no citizenship/residency data on loan apps, raising enforcement questions.

A newly surfaced Freedom of Information Act response shows the Federal Housing Administration cannot readily say how many ...

From low-down-payment options to stricter inspections, the loan a buyer chooses can change everything. Here’s what to know before the offer goes in.

Forms Optimumfunding To Launch HUD And FHA Lending Platform. OptimumBank Holdings (NYSE American: OPHC) announced the formation of OptimumFunding LLC, a wholly owned subsidiary established to support ...

Homebuyer affordability weakened in January as new mortgage application payments increased for the first time in seven months ...

First Class Mortgage is proud to announce enhanced home financing solutions specifically tailored for residents of Maple ...

The most common type of reverse mortgage, the Home Equity Conversion Mortgage (HECM), is backed by the U.S. Department of Housing and Urban Development. Homeowners must be 62 or older, have 50% or ...

Using a 30-year mortgage, a homeowner financing $641,250. would pay $1,746,792 over the life of the loan. The 15-year ...

Adam Zeman expands Bank Statement and 1099 loan programs to help Wisconsin self-employed borrowers qualify without ...

It is no secret that Congress and regulators have trouble keeping up with technology. But is an AI “conversation” with a ...

The latest household debt report from the Federal Reserve Bank of New York found that credit card balances rose by $44 ...