Homebuyers with heavy debt might find it tougher to get a mortgage
First-time and move-up homebuyers with heavy debt loads, low credit scores and small down payments face a daunting new...
federal housing administration
FHA tightens belt on risky loans to first-time homebuyers
The Federal Housing Administration is worried it is making too many risky loans to first-time homeowners. As a result,...
More Americans are paying mortgages on time
It’s a real estate and social barometer that doesn’t get a lot of publicity, but it’s important: More Americans are paying their mortgages on time today than they have in nearly two decades —...
Federal shutdown creating mortgage victims
When the government shuts its doors because of a funding brouhaha that pits the White House against Capitol Hill, who gets hit hardest among people needing a home mortgage? The latest version of federal...
How much can you afford to pay for a new home?
New research sheds fresh light on one of the most frequently asked home-buying questions, especially for first-timers: With our...
New options open for homeowners seeking a reverse mortgage
You’ve probably seen actor Tom Selleck suavely pitching federally insured reverse mortgages on TV and thought, hmm, that sounds...
FHA-backed $31M loan will finance expansion of Bradenton rental complex
The developer of an apartment complex in Bradenton will finance its expansion with a $31.1 million construction loan insured...
Lenders who prey on veterans hurt other home buyers as well
Could predatory lending practices affecting veterans also be inflating interest rates paid by thousands of unsuspecting home buyers using...
Department of Justice subpoenaed FHA loan information from Lennar Corp.
The mortgage subsidiary of Miami-based home builder Lennar Corp. provided information on Federal Housing Administration (FHA) loans to the...
Fannie Mae takes friendlier approach to debts
It’s the No. 1 reason why mortgage applicants nationwide get rejected: They’re carrying too much debt relative to their...
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