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Celink has taken over as the subservicer for HECM mortgages assigned to the Department of Housing and Urban Development after winning the contract earlier this spring. HUD notified the National Reverse Mortgage Lenders Association on Monday…
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The Mortgage Bankers Association is asking the Federal Housing Finance Agency to raise limits to the area median income for low down payment programs. In a recent letter, the association called for income limits to be increased to 100% from…
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U.S. inflation data offered the strongest evidence yet that price pressures have peaked, cheering financial markets and putting a pause from the Federal Reserve's interest-rate hikes in view. Stocks and bonds rallied after the report as…
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