The guidance is designed to clarify requirements for obtaining HECM counseling certification, and to provide a HECM "toolkit" ...

As loan servicers struggle to keep up with constantly changing student loan policies, they have accumulated a backlog of almost 2 million borrowers waiting for their income-driven repayment ...

AI is enabling mortgage lenders to integrate origination and servicing, improving efficiency, borrower satisfaction, and long ...

There’s a splendid saying about the definition of an economist being someone who “will know tomorrow why the things they ...

The Mortgage and Credit Guarantee Fund (MCGF) has provided a total of 54,350 mortgage loans since its establishment, ...

A jumbo loan is a mortgage for more than $806,500 in 2025. You'll have to meet stricter requirements to receive a jumbo loan, including a bigger down payment. Jumbo mortgage rates may be lower ...

Discover effective mortgage acceleration strategies to save on interest, increase home equity, and gain financial flexibility ...

You may also have to pay PMI if you refinance into a new mortgage and have less than 20% equity in your home. Lengthy loan process: It often takes months or longer to complete the mortgage process.

Did you know? When a homeowner fails to make mortgage payments, the lender may initiate a foreclosure to recover the outstanding loan balance. This legal process allows the lender to take ...

What credit score do I need for a Rocket Mortgage home loan? For conventional loans, Rocket Mortgage prefers a minimum credit score of 620, although borrowers with a 760 will typically get the ...

A lawyer for New York Attorney General Letitia James is responding to a Trump administration official's criminal referral to the Department of Justice alleging mortgage fraud. James has denounced ...