Down payment gift rules vary by loan type and lender, but generally: Lenders will require donors to write a letter stating ...

Many first-time buyers may not be aware of the act of 'seasoning' their bank accounts before applying for a mortgage.

A new study in the Journal of Political Economy-Macroeconomics quantified the relationship. For every 1% increase in the ...

In places where the regulatory climate makes it easier to build new homes, it’s easier for people to find housing at ...

Plaza Home Mortgage (NMLS #2113) is a wholesale and correspondent lender offering Freddie Mac, Fannie Mae, FHA, VA land USDA loans in all 50 states. It’s headquartered in San Diego, California ...

Determining how much money you need to buy a house has always been daunting for first-time homebuyers, and it doesn’t seem to be getting much easier in 2025. Mortgage rates are still hovering around 7 ...

He ordered Pulley to submit a letter within a week offering a more “introspective ... And a month before that, Fannie Mae, the government mortgage financier, sued Pulley’s companies and said they had ...

But the mortgages are priced higher compared to Fannie Mae. A paper trail evidencing the gift from the benefactor is also required. For example, wire transfer evidence from the donor’s account ...

Thank you, President Carter, for your final gift to the American people. We encourage readers to express their views about public issues. Letters to the editor are subject to editing for brevity ...

The retail giant is a gold mine of great gifts—you just have to know where to look. That’s where GQ comes in. Prime Day's October redux is messy, chaotic, and a little frazzling—but it's ...

The Fannie Mae and Freddie Mac saga has been going on for, depending how you count, 16 years, or perhaps many decades. There are strong feelings and a lot of lore. It’s back in the news now ...

Commissions do not affect our editors' opinions or evaluations. Sallie Mae is one of the largest private student loan providers with several perks and features. A co-signer release is available ...