Feds should do more to help underwater borrowers: Moody’s The Depth of Negative Equity and Mortgage Default Decisions.. To help make this discussion more concrete, consider an example. A borrower who purchased a median-priced home in 2006 in Palmdale, CA would have seen the value of that home fall from about $375,000 to less than $200,000 in just.Trulia: Home affordability slips for middle class Trulia Study Ranks Ohio Cities High for Affordable Housing Are you a middle-class American looking to buy a home? Head to the Midwestern United States and make sure you stay away from California.TRID grace period bill looks for a plan B TRID: Should the industry get a grace period? HomeDavid Lykken.. While the CFPB has announced a grace period for TRID enforcement, there’s no reason for lax preparation. but plan for the worst.

The NC REALTORS Government Affairs team is regularly communicating with federal and state partners to get the most current information and will update this page as needed. WHAT THESE NEW RULES DO: The new rules published June 19, 2018, will allow AHPs to provide coverage to self-employed individuals, who were previously kept out of group plans.

August 2018 Update NAR Applauds Senate Passage of Flood Insurance Extension. REALTORS have been urging extension of the Flood Insurance program for months. More than 129,000 REALTORS, or roughly 15 percent of the membership of NAR, sent letters to their senators/members of Congress in support of the extension.

NAR Hits Pause on Updating Iconic REALTOR® Logo. In response to concerns raised by members, the National Association of REALTORS® announced that it’s pausing the rollout of a newly redesigned logo picture to the right. Since we announced the brand evolution and logo redesign, we have received a diversity of opinions that ranged from strong support.

NAR Applauds Legislation Eliminating VA Home Loan Cap, Protecting Vital Veteran Benefit on June 25, 2019 at 7:34 pm VA Home Loan Cap Eliminated The VA home loan guarantee program encourages private lenders to offer favorable home loan terms to qualified veterans without requiring down payment.June 25, 2019Media Contact: Wesley Shaw 202-383-1193Veterans Affairs [.]

lower FICO scores, and a shorter waiting period for potential return buyers and thus a better avenue for re-entry to the market. While some borrowers may use the VA or the extenuating circumstances.

The National Association of REALTORS® applauds the move by the Federal Housing Finance Agency, which oversees Fannie and Freddie. NAR said in a statement that the action by FHFA demonstrates its "commitment to home ownership by serving creditworthy borrowers who lack the resources for substantial down payments, plus closing costs, with a new 3 percent down-payment program that mitigates risk.

Monday Morning Cup of Coffee: Rising home prices raise concerns Monday Morning Cup of coffee:. zillow: home price depreciation to worsen market into 2011. – Buyers’ Market. Sellers’ Market. The median home value in California is $548,000 .. The rapidly rising price of oil, the horrific crisis in Japan and instability in the Middle East all.

 · Factors Affecting FICO Credit score fico scores range from 300 to 850 with the higher number being the better score and the lower figure representing a higher risk for the loan. When you take a loan, the bank has to assess the possibility of repayment and determine the risk for the loan.

30-year fixed-rate mortgage averages 4.94% for week ending Nov. 15, unchanged from the previous week, according to Freddie Mac’s Primary Mortgage Survey.