FHA loan limits to increase in most counties in 2018

FHA loan limits to increase in most counties in 2018

Written By: Joel Palmer, Op-Ed Writer

In another sign that the housing market is strong, the Federal Housing Administration (FHA) is increasing maximum loan limits for FHA forward mortgages in more than 3,000 counties next year. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

More signs that mortgage rates could be heading up

More signs that mortgage rates could be heading up

Written By: Joel Palmer, Op-Ed Writer

According to the Federal Reserve, the U.S. economy averaged 170,000 new jobs per month from January through October. The nation’s GDP grew 3 percent year-over-year in both the second and third quarters. Third-quarter economic growth occurred despite the effects of destructive hurricanes in Texas and Florida.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Fannie Mae considers construction loan initiative

Fannie Mae considers construction loan initiative

Written By: Joel Palmer, Op-Ed Writer

The lack of housing supply available for prospective homeowners is well documented. Existing homes are being put on the market, and new homes are not being built to the extent they have been in the past. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Fannie closing out busy year with three new initiatives

Fannie closing out busy year with three new initiatives

Written By: Joel Palmer, Op-Ed Writer

As 2017 winds down, officials at Fannie Mae may not be able to look forward to reform measures anytime soon but the government-sponsored enterprise (GSE) appears to have a bright feature after a busy year of initiatives. 


 


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Bill to exempt small lenders from Regulation C passes House Committee

Bill to exempt small lenders from Regulation C passes House Committee

Written By: Joel Palmer, Op-Ed Writer

Four months after it was introduced, legislation that would amend the Home Mortgage Disclosure Act (HMDA) passed out of the House Financial Services Committee.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Fannie to offer manufactured home assistance as part of New Hampshire program

Fannie to offer manufactured home assistance as part of New Hampshire program

Written By: Joel Palmer, Op-Ed Writer

Last year, the Federal Housing Finance Agency (FHFA) issued the Duty to Serve Underserved Markets Rule, a requirement of the Housing and Economic Recovery Act of 2008. 


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Treasury secretary says GSE reform on hold until 2018

Treasury secretary says GSE reform on hold until 2018

Written By: Joel Palmer, Op-Ed Writer

At the beginning of 2017, reforming the government-sponsored enterprises (GSEs) of Fannie Mae and Freddie Mac was a top 10 priority of the recently elected Trump administration.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

CFPB releases 2018 TILA thresholds

CFPB releases 2018 TILA thresholds

Written By: Joel Palmer, Op-Ed Writer

The Consumer Financial Protection Bureau (CFPB) has released its annual thresholds for regulations that fall under the Truth in Lending Act (TILA).


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

Fannie and Freddie extend appraisal-free mortgages to new home purchases

Fannie and Freddie extend appraisal-free mortgages to new home purchases

Written By: Joel Palmer, Op-Ed Writer

Fannie Mae and Freddie Mac have recently been criticized for using outdated methods of assessing credit scores. It’s time to enter the 21st century, they’ve been told by many sources.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.

It’s down to the wire for new HMDA reporting requirements

It’s down to the wire for new HMDA reporting requirements

Written By: Joel Palmer, Op-Ed Writer

Have you ever planned a wedding? No matter how soon you begin preparations, there always seems to be a last-minute rush to ensure everything is set for the big day.


Opinion-Editorial (Op-Ed) Disclaimer For NAMU® Library Articles: The views and opinions expressed in the NAMU® Library articles are those of the authors and do not necessarily reflect any official NAMU® policy or position. Examples of analysis performed within this article are only examples. They should not be utilized in real-world application as they are based only on very limited and dated open source information. Assumptions made within the analysis are not reflective of the position of NAMU®. Nothing contained in this articles should be considered legal advice.