New Home Sales Fall, Loan Size Rises
The Mortgage Bankers Association (MBA) says mortgage applications for new home purchases dropped 18 percent in November over October, but the size of the average loan continued moving up. As...
View ArticleRural Housing Service Automating Loans
In an attempt to streamline services of the U. S. Rural Housing Service (RHS), administrator Tony Hernandez says the agency is automating the loan approval process and lenders are willing to pay $50...
View ArticleNew Federal Lending Option “Opens” for Manufactured Homes in Quiet, pre-New...
The United States Department of Agriculture (USDA) Rural Housing Service (RHS) announced it would begin a pilot project that would open up lending for manufactured home loans on existing (pre-owned,...
View Article
More Pages to Explore .....
