by Frasco | Apr 24, 2024 | Blog Posts, Frasco Mortgage News
Occupancy verification is a critical component in the mortgage process, protecting both lenders and the integrity of the real estate market. It’s a proactive measure that, when used appropriately, can significantly mitigate financial risk, and prevent fraud. This is a...
by Frasco | Jan 19, 2024 | Blog Posts, Frasco Mortgage News
The Ins and Outs of Occupancy Verification: Why It Matters in Real Estate In the intricate world of real estate transactions, particularly within the mortgage landscape, occupancy verification emerges as a vital step that’s often overlooked. Yet, understanding...
by Frasco | Jun 27, 2023 | Frasco Mortgage News
June 27, 2023 | Written by Michael Famiglietti Foreclosure filings in the United States have increased 14% in the last year, according to a market report released in May from ATTOM. The data solutions company reported default notices, auctions or bank repossessions...
by Frasco | May 4, 2023 | Frasco Mortgage News
May 4, 2023 | Written by Michael Famiglietti As the COVID-19 public health emergency comes to an end in the United States, those suffering from financial hardship due to the pandemic have until the end of May to apply for a mortgage forbearance. Those with...
by Frasco | Mar 15, 2023 | Frasco Mortgage News
March 15, 2023 | Written by Michael Famiglietti In an effort to bolster mortgage loan applications, The Federal Housing Administration (FHA) announced it will reduce mortgage insurance premiums by 30 basis points in March. The move is expected to help more borrowers...