Earlier this month, Senators Tim Johnson, D-S.D., and Mike Crapo, R-ID, reached a bipartisan agreement on legislation that aims to ensure the solvency of the Federal Housing Administration. The ...
The Federal Housing Administration’s (FHA) audit last week revealed a $16.3 billion deficit, leading to many questing surrounding just how the government agency will recover from such catastrophic ...
Back in the early- to mid-2000s, virtually every marginally competent loan officer (LO) could open up an office … what we used to refer to as a “trunk of your car” mortgage company. Unfortunately, for ...
The Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices asked lending officers from 64 institutions for information on changes in lending standards and demands for loans ...