Mortgage Insights

Get the latest mortgage news and other insights into the home loan industry from the at Bank of Internet USA.


Can the FHA Endure?

Nov 16, 2012 - Nothing proves the importance of balancing prudent underwriting and down payment requirements like the recent audit of the FHA.While this is not a surprise to some people who saw that the FHA suffered from poor loan quality, just like the rest of the mortgage market. The vital question is, how...

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14th Annual Ohio Housing Conference in Columbus, Ohio, to Start November 27th

Nov 16, 2012 - As one of the largest housing conferences in the country, the event is expected to attract more than 1,500 attendees from all over the country. These attendees will network, share strategies and brainstorm ways to improve the industry. They will also gain insight on the federal and state...

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FHA Releases Annual Financial Report to Congress

Nov 16, 2012 - The report by the FHA shows mixed results at best. While they are still being hurt by losses due to mortgages originating before 2009, the MMI Fund's adequacy of capital balances is not affected.The report shows that although the market continues to recover, the capital reserve ratio of the MMI...

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Dual-income Couples a Major Drive in Housing Recovery

Nov 16, 2012 - The National Association of Realtors has recently stated that dual-income couples have been the main drive for the housing market's recovery. This is because dual-income couples are more prone to qualifying loans despite the tight lending restrictions that hurt one-income homes.The NAR showed...

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Home Sales on the Rise in Spite of Historically Low Inventory

Nov 16, 2012 - Home sales did not stop increasing this October despite a decline of actual homes for sale. In fact, in October alone, there was a 9.8% increase in sales over the previous month and 2012 saw a 21.8% increase over 2011. Homes selling more quickly are likely one of the culprits for this spike in...

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