FHA expected to keep Classic FICO as it adds new models in January

Lenders expect model consistency will be required at the loan level

Tracking Tropical Storm Dolly: Where It Will Hit and Which Homeowners Should Prepare 

Tropical Storm Dolly is heading toward the Leeward Islands in the northeastern Caribbean as soon as this weekend, before setting its sights on the U.S.  Meteorologists have marveled at the less active Atlantic hurricane season this year, and predict this storm won’t actually reach hurricane status.

MBA president fires back on claims of poor FHA underwriting

Bob Broeksmit said WSJ op-ed erroneously linked the health of an independent lender to the health of the FHA's Mutual Mortgage Insurance Fund

Mortgages Now Take 36% of a Typical Family’s Income. Here’s How Financial Experts Say To Prepare

New findings from the latest NAHB/Wells Fargo Cost of Housing Index, a quarterly analysis of housing costs in the United States, paint the real picture of affordability facing homeowners and prospective buyers today. A family earning the nation's median income of $106,800 now needs 36% of that incom