November 2013

After much speculation and fear mongering, the FHFA finally announced this morning that the conforming loan limit for mortgages acquired by Fannie Mae and Freddie… Read More »2014 Conforming Loan Limits Unchanged (Except for These 18 Counties)

A new analysis from Zillow revealed that 1.4 million mortgaged homeowners got their heads above water during the third quarter, the largest quarterly drop in… Read More »Nearly 5 Million Homeowners Have Escaped Negative Equity Since 2012

Things are getting nasty in the mortgage world. Former Fannie Mae executive vice president and chief credit officer Edward Pinto slammed the FHA in an… Read More »Former Fannie Mae Executive Says the FHA Is a Predatory Lender

The Consumer Financial Protection Bureau (CFPB) has been hard at work over the past couple years changing the way Americans obtain mortgages, among other things.… Read More »Know Before You Owe Mortgage Forms Finalized

I’ve brought up the issue of housing affordability several times over the past year, and things don’t appear to be getting any better on that… Read More »Housing Affordability Chalks Biggest Drop Since Second Quarter of 2004

Back in early 2010, the Hardest Hit Fund (HHF) was established by the Treasury to help certain hard-hit states deal with heightened unemployment and foreclosure… Read More »Keep Your Home California Now Considers LTV of 140% or Higher a Financial Hardship

Over the past few years, mortgage rates have reached new all-time lows and haven’t strayed too far from such levels, despite some upticks here and… Read More »This Refinance Boom Has Been So Good That There Might Not Be Anything Left