FHFA began a VantageScore 4.0 pilot for GSE loans with new pricing grids, while HUD said FHA will add VantageScore 4.0 and ...

New credit score models assess the creditworthiness of aspiring homebuyers who are often overlooked by more traditional ...

Federal housing agencies, including Fannie Mae, Freddie Mac, and the FHA, will now accept VantageScore 4.0 and FICO 10T for ...

FICO stock sank after two federal agencies announced Wednesday that mortgage giants Fannie Mae and Freddie Mac and the ...

Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for ...

Federal Housing Administration (FHA) loans are a popular choice for first-time homebuyers and other borrowers who, for a variety of reasons, may have a hard time qualifying for a conventional home ...

While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent ...

When applying for a mortgage, lenders typically use one of two methods for underwriting: automatic or manual. Manual underwriting often offers higher acceptance rates for applicants with complex ...

There are few options if you're looking to buy a home and have less-than-perfect credit or a small down payment, but an FHA ...

FHA loans require an upfront mortgage insurance premium (MIP) of 1.75% of the base loan amount, which can be rolled into the loan. There’s also an annual premium, which is divided by 12 and added to ...