News

  • Watts defends 3% down payment mortgages by

    In a heated, four-hour hearing, Congress grilled the FHFA director over his agency’s efforts to help more people obtain a mortgage. The GOP fears new housing policies will lead to another crash while Democrats say they are necessary.

  • More people are moving to suburbia by

    Although home prices are rising faster in urban neighborhoods, population is growing faster in suburban neighborhoods. Consumer preferences and the aging of the population are tailwinds for suburban growth; so are falling oil prices if they stay low long-term.

  • Maryland-based company sets its eyes on reverse by

    With the addition of three new managing partners, Bayshore Mortgage Funding has launched a reverse mortgage division.

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