Jeff For Banks

APRIL 6, 2021

Note that the study was limited to Federal Housing Administration (FHA) loans. For the uninitiated, an FHA loan is government-backed mortgage insured by the FHA. Jumbo mortgages are typically for larger homes for wealthier and more credit-established families.

Regulation 78

Regulation Philadelphia Study Lending 78

CFPB Monitor

MARCH 17, 2020

In January 2020 the Federal Housing Finance Agency (FHFA) published a request for input on Property Assessed Clean Energy (PACE) transactions involving residential property. FHFA also notes that the Federal Housing Administration (FHA) will not insure loans on homes that are subject to a lien in connection with a PACE transaction.

Industry 78

Industry Missouri Groups Florida 78

CFPB Monitor

APRIL 22, 2019

Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2019-06 setting forth new documentation requirements for down payment assistance provided by government entities to be used in connection with Federal Housing Administration (FHA) insured mortgage loans.

Handbook 68

Handbook Payments National Operations 68

Independent Banker

FEBRUARY 25, 2015

Though a specialty niche, reverse mortgages are meeting a growing, demographically driven financial need. While niche nonbank players are providing these loans, this lending opportunity is wide open for traditional community banks, the community bankers say. who oversees 32 loan officers dedicated to providing the loans.

Trends 70

Trends Community Lending Community Bank 70

MyBankTracker

JULY 2, 2020

A job loss or another change in circumstance can make it difficult to pay your mortgage. A mortgage modification can help keep your head above water. A mortgage modification is a hardship program that can make it easier to afford your home loan. What Is a Mortgage Modification?

Payments 52

Payments Meeting How To Report 52

FirstInternet

JANUARY 28, 2020

Have you ever dreamt about owning your first home? However, 65% said they aren’t confident in their knowledge of the mortgage process and around 25% believe that having the money to buy a home is out of their reach. Here’s a simple 7-step guide to get you from merely thinking about your dream home to taking possession of it!

Taxes 72

Taxes Payments Community US 72

Jeff For Banks

MARCH 20, 2016

Since 2011, SoFi has funded over $6 billion in loans (through December 15, 2015). Remember during the depression when the National Housing Act of 1934 created the Federal Housing Administration (FHA). But during the depression, the typical mortgage was a five year balloon. Perhaps not.

Virginia 60

Virginia Risk Management Capital Comparison 60