FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Lending / The Ticker

National Mortgage Insurance Corp. gains GSE approval

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National Mortgage Insurance Corporation (“National MI”), a new private mortgage insurer, has been approved as an eligible mortgage insurer by Fannie Mae and Freddie Mac, subject to maintaining certain conditions.  National MI intends to offer mortgage insurance on a nationwide basis and provide an innovative approach to risk protection.

Along with their approval, Fannie Mae and Freddie Mac have indicated that they will be ready to accept loans insured by National MI in the second quarter of 2013. Both Government Sponsored Enterprises (GSEs) will be communicating directly to lenders regarding the timing and process.

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