Mortgage Acts and Practices
Unnecessary regulatory burdens are preventing qualified, credit-worthy borrowers from obtaining the American Dream of homeownership.
The Mortgage Choice Act improves consumer access to mortgage credit with the full protection of the Ability-to-Repay and Qualified Mortgage rules.
In this letter to the editor of the Wall Street Journal, Chris Polychron talks about Obama’s recent policy changes to make mortgages more affordable.
The FHFA's new low down payment mortgage program will help more people to become homeowners.
The National Association of Realtors® applauds new policy initiatives announced today by President Barack Obama that will enable more first-time and underserved homebuyers to enter the housing market while preserving strong underwriting standards and protecting taxpayers from unnecessary risk.
The tax extensions approved by Congress include provisions that will help distressed homeowners and commercial property investors.
The mortgage market was buffeted by a number of changes in 2013 and 2014. Among them were higher fees at the FHA.
New QM rules make sense to protect the consumer, but can also give lenders pause.
In a letter sent today to HUD, NAR offered support for the FHA’s HAWK housing counseling pilot program but expressed concern about the program's cost and reach.