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FHA loan

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Conforming mortgage share hit record low in December

January 14, 2025 by bp56691
At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December.
Categories FHA loan, Mortgage, Non-Conforming Mortgage, Optimal Blue, Origination, Refinancing, VA Loan

Mortgage groups push FHA for loss mitigation extension

December 23, 2024 by bp56691
In November, the FHA proposed updates to its permanent loss-mitigation options based on lessons from the COVID-19 temporary policies.
Categories Federal Housing Administration, FHA, FHA loan, LendingLife, Loss Mitigation, Mortgage, Servicing

FHA loan limit increases to $524,225 in 2025

November 26, 2024 by bp56691
The FHA limits increased for 2025, but at a slightly lower level than observed one year ago owing to the pace of home price appreciation.
Categories FHA, FHA loan, HUD, Mortgage
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