More borrowers with lots of debt are getting mortgages backed by Fannie and Freddie, but housing experts debate whether they should
The gatekeepers of the American mortgage market are increasingly backing loans to borrowers who have heavy debt loads, highlighting questions about mortgage risk as policy makers debate ways to change the system.
Almost 30% of loans that mortgage giants Fannie Mae and Freddie Mac packaged into bonds last year went to home buyers whose total debt payments amounted to more than 43% of their incomes, according to an analysis by industry research group Inside Mortgage Finance. The share has nearly doubled since 2015. Data on other...
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Rhode Island school district walks back decision to give kids with lunch debt jelly sandwichesThe district faced criticism from parents after announcing that students who owed lunch debt would be served sun butter and jelly sandwiches.
Consulte Mais informação »
Mortgage rates slump for the third-straight week as big questions dog the housing marketRates for home loans fell as bonds became more attractive to investors, but real-estate professionals are starting to wonder what the future housing market...
Consulte Mais informação »
U.S. housing agency wants new rules to attract mortgages from banksThe Federal Housing Administration announced on Thursday it was seeking to strea...
Consulte Mais informação »
This map shows where you can find the cheapest mortgage paymentsYou’ll want to avoid the coasts if you want to keep your mortgage costs down.
Consulte Mais informação »
Small Mortgages Are Getting Harder to Come BySmaller mortgages have become rarer as lenders cater more to high-end borrowers. That is making homeownership more elusive even in places where prices are otherwise affordable for low- and middle-income buyers.
Consulte Mais informação »
ICE is intensifying its mortgage push with a $335 million acquisitionUS exchanges operator Intercontinental Exchange (ICE) struck a deal to acquire mortgage tech firm Simplifile for $335 million:
Consulte Mais informação »
VA mortgage lenders hit with federal subpoenasSome mortgage lenders are facing federal scrutiny for questionable loans to military veterans
Consulte Mais informação »
Weekly mortgage applications rise 2.7% in a strong week for homebuyersAfter pulling back for several weeks, homebuyers stepped back into the mortgage market last week.
Consulte Mais informação »