enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. What is Ginnie Mae? - AOL

   www.aol.com/finance/ginnie-mae-190105771.html

   The FHA sets lending standards, insures a particular type of mortgage program (FHA loans) and collects mortgage insurance to pay a lender if a borrower defaults on the loan.

3. What Is Mortgage Insurance? How It Works and Who Should ... - AOL

   www.aol.com/mortgage-insurance-works-000002463.html

   Mortgage insurance premiums on FHA loans stop after 11 years if you purchase your home with 10% down or refinance with 10% equity. Otherwise, you’ll pay these premiums for the life of the loan.

4. Government National Mortgage Association - Wikipedia

   en.wikipedia.org/wiki/Government_National...

   FHA also was tasked with chartering and regulating a national mortgage association that would buy and sell FHA-insured mortgages. In 1938, Congress amended the act to create the Federal National Mortgage Association, more commonly known as "Fannie Mae", to help mortgage lenders gain further access to capital for mortgage loans.

5. FHA loans: Definition, requirements and limits - AOL

   www.aol.com/finance/fha-loans-134807555.html

   Basic home mortgage loan or 203(b) loan: The 203(b) loan is the FHA’s main home loan program for buying a home or refinancing. These loans come with fixed and adjustable-rate options, as well as ...

6. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender. FHA mortgage insurance protects lenders against losses. [1] They have historically allowed lower-income Americans to borrow money to purchase a home that they would not otherwise be able to afford.

7. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   Fannie Mae and Freddie Mac are the two largest companies that purchase mortgages from other lenders in the United States. Many lenders will underwrite their files according to their guidelines, but to ensure the eligibility to be purchased by Fannie Mae and Freddie Mac, underwriters will utilize what is called automated underwriting. This is a ...