News

Fannie Mae will ease financial standards for mortgage applicants next month

Real Estate Fannie Mae will ease financial standards for mortgage applicants next month The top reason mortgage applicants nationwide get rejected is because they’re carrying too much debt relative to their monthly incomes. Fannie Mae will be raising its DTI … Read more

Why Millennials Are Partly to Blame for the Housing Shortage

The rush of young people to U.S. cities over the past few years is partly to blame for America’s worsening housing shortage. In some of the country’s largest and most prosperous markets, such as New York, San Francisco, Boston and … Read more

Millennial Homebuyers Far More Traditional Than Previously Believed

Online lenders and agents making little headway among Millennials, according to CentSai survey. When it comes to home buying, millennials are much more traditional than previously believed, according to a recent survey of 2,050 Americans aged 18 to 34 conducted … Read more

Fannie Mae Introduces Innovative Solutions for Borrowers with Student Loan Debt

Fannie Mae Introduces Innovative Solutions for Borrowers with Student Loan Debt Innovations Help Borrowers Pay Down Student Debt and Overcome Debt Related Obstacles When Buying a Home WASHINGTON, April 25, 2017 /PRNewswire/ — Fannie Mae (OTC Bulletin Board: FNMA) announced … Read more

Why Are America’s Tax Forms Still So Horribly Designed? The U.S. was awarded 35th place in one recent ranking of tax processes around the world.

Why Are America’s Tax Forms Still So Horribly Designed? The U.S. was awarded 35th place in one recent ranking of tax processes around the world. But worse than the forms themselves is the user experience. 1/8 BY MEG MILLER04.13.17 | … Read more

Lincoln Financial Group’s M.O.O.D. of America Survey Finds Debt is the Number One Financial Issue Keeping Millennials up at Night

Study Shows that 18 to 34 Year-Olds Struggle to Plan for Retirement Amidst Competing Priorities, but Technology and Financial Advisors Play a Role in the Process In Contrast, Baby Boomers and Generation X Cite Healthcare Costs as Their Top Concern … Read more

Identity thieves may have hacked files of up to 100,000 financial aid applicants

Internal Revenue Service Commissioner John Koskinen said Thursday the information of up to 100,000 taxpayers may have been stolen in a security breach of an online tool used to apply for federal student aid. Testifying before the Senate Finance Committee, Koskinen … Read more

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First American: Real estate industry prepping for strong Spring homebuying season

The housing market is gearing up for a strong homebuying season this Spring, despite rising home prices, low inventory and the increasing chance of a rate hike. Confidence for volume growth over the next 12 months increased 0.4% from the … Read more

Internal Revenue Service (IRS) and U.S. Department of Education Office of Federal Student Aid (FSA) Statement about the IRS Data Retrieval Tool (DRT)

The IRS Data Retrieval Tool on fafsa.gov and StudentLoans.gov is currently unavailable. We are working to resolve the issue as quickly as possible. However, at this time, the IRS anticipates the online data tool will be unavailable for several weeks. … Read more