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  • President Trump signs Dodd-Frank rollback into law

    President Donald Trump signed a major Dodd-Frank rollback into law Thursday, hoping to bring regulatory relief to community banks across the U.S. The president explained Dodd-Frank’s costly regulations gave large banks a negative advantage at the cost of small banks throughout the country. Click the headline to read more.

Items Tagged with 'life-of-loan'

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  • Bill introduced to eliminate FHA life of loan insurance premium

    Rep. Maxine Waters authored bill; supported by NAR, CHLA, NAHREP
    Could the Federal Housing Administration’s life of loan insurance requirement soon be a thing of the past? Cutting the life of loan policy, which requires most FHA borrowers to maintain mortgage insurance throughout their entire loan term, is a change that many in the housing business have wanted for years, and now, eliminating that policy is officially on the table, thanks to a newly introduced bill in Congress.
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