Increase in FHA Mortgage Limits for 2020

If you’re lending funds to future homeowners in 2020, an increase in FHA loan limits in your local county may impact your daily operations. What is FHA? The Federal Housing Administration (FHA) provides mortgage insurance on loans made by approved lenders, like you,...

Profile of a Millennial Mortgage Loan Applicant

Finally, we can take the guess work out of describing the mortgage loan preferences of millennials. With the expanded 2018 HMDA data fields, we can analyze lending by the applicant’s age. This not only gives us a chance to better describe the typical millennial...