Genworth 2015 Annual Cost of Care Study: At Home Care Costs Increase in New Mexico – April 9, 2015 /PRNewswire/ — Genworth announced today. Genworth has leadership positions in long term care insurance and mortgage insurance and competitive offerings in life insurance and fixed.
Most Common Terms Used in Mortgages & Loan Processes. – As of August 1, 2015, the consumer financial protection Bureau requires. Short for private mortgage insurance, PMI is insurance paid by a.
Apply For An Fha Loan Fha Changes 2015 FHA Mortgage Insurance Premium Dropping January 26, 2015 – FHA Mortgage Insurance Premium Dropping January 26, 2015. FHA Mortgage Insurance Premium being lowered on all new FHA Case Numbers assigned on or after January 26, 2015, as announced by HUD secretary julian castro on January 8, 2015, per an executive order by President Obama. FHA will reduce the annual mortgage insurance that borrowers will pay by 0.5%.What are FHA house loans – How to Apply for & FHA Mortgage. – An FHA loan is a type of government insured mortgage. FHA loans do not normally require a large downpayment and may have many advantages over conventional loans.Current Fha Mip Rates 2016 FHA changes for 2016 FHA mortgage insurance. – Facebook – FHA Changes for 2016 On January 9, 2016 the Federal Housing Administration (FHA) announced the reduction of it’s annual mortgage insurance premium (mip) rates. Effective on or after January 26, 2016 FHA will reduce the premium from 1.35% to .85% a reduction of .5%.
Get rid of FHA mortgage insurance today with a loan that doesn’t require PMI If your home has about 20% equity based on today’s value, you can cancel your FHA mortgage insurance using a conventional refinance, often within 30 days, and you can start here today by completing a short online form.
Barclays: FHA mortgage insurance premiums likely cut, again – The FHA announced Monday that its Mutual Mortgage Insurance Fund grew significantly in fiscal 2015, reaching its Congressionally mandated threshold of 2% well ahead of schedule, climbing from its 2014.
National Mortgage Insurance Corporation Receives Investment Grade Rating From Standard & Poor’s – EMERYVILLE, Calif., July 21, 2015 /PRNewswire/ — NMI Holdings, Inc., NMIH, -2.26% the parent company of National Mortgage insurance corporation (national mi), today announced that Standard & Poor’s.
CFPB Provides Guidance About Private Mortgage Insurance. – – The Consumer financial protection bureau (CFPB) today issued a bulletin providing guidance to mortgage servicers regarding the cancellation and termination of private mortgage insurance. The bulletin explains certain requirements of the Homeowners Protection Act and is intended to help servicers comply with the law.
At a glance: The FHA annual mortgage insurance premium for 2015 is being reduced. This change takes effect on January 26, 2015. The new annual MIP for most FHA borrowers will be 0.85% of the base loan amount. This change only applies to 30-year mortgages; 15-year loans are unaffected.
Is My Private Mortgage Insurance or PMI Tax Deductible? – In 2007, deducting your private mortgage insurance was allowed through the Tax Relief and Health Care Act and applied to PMI policies in that year. However, because the housing market had been slow to recover from the 2008 housing crisis, the tax break had been extended through to 2013.
PMI, also known as private mortgage insurance, is a type of mortgage insurance from private insurance companies used with conventional loans. Similar to other kinds of mortgage insurance policies, PMI protects the lender if you stop making payments on your home loan.
Beginning in January 2015, for the first time since 2001, the FHA reduced its mortgage insurance premiums for U.S. homeowners using the agency’s flagship mortgage programs.