FHA Will Keep Requiring Tri-Merge Credit Reports But Are Updating How Scores Are Calculated HUD has announced FHA will keep tri-merge credit reports for single-family mortgages. However, it plans to update and expand the credit scoring models allowed for FHA-insured loans. This decision follows a recent joint announcement by HUD and the Federal Housing Finance
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The Only Aggressive FHA Mortgage Foreclosure Defense Team That Commands Results FHA Mortgages are complex and only someone properly trained in writing them can help you. MFI-Miami has created an aggressive FHA Mortgage Foreclosure Defense Team. The team’s focus will focus solely on developing strategies to give homeowners an edge in any FHA Mortgage foreclosure!
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These 12 Cities Have The Highest FHA Loan Denials For Minorities In The United States FHA loan denials increased across the board after the housing crash. As a result, they remain higher than they were 20 years ago. The proportion of FHA denial rates for white and black applicants has narrowed over the past 20 years.
Mortgage Applications Plummet Causing Banks To Scramble To Lower Interest Rates Mortgage applications continue to decline according to the Mortgage Bankers Association. Is this a sign Americans are losing faith in the lending industry? The MBA stated that mortgage applications fell another 2.9% for the week ending May 18, 2018. This is the lowest it
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