It’s becoming easier for Americans to secure a mortgage with mortgage credit loosening after years of post-recession tightening.
Sales of single-family homes and condos have hit their highest level in nearly a decade, while distressed sales and sales to institutional investors have reached multi-year lows.
Rising home prices are pushing some borrowers out of the homes of their dreams – but one firm is offering a solution to make those dreams come true.
With competition between small lenders and the big banks ramping up, it’s important for originators to brush up on their knowledge of the industry’s largest upcoming buying cohort: Millenials.
A mortgage company who teamed up with a real estate developer to commit wire fraud that resulted in more than $64-million lost are in court facing charges.
The introduction of the FHA 203(k) renovation loan had many clients wary of just what they were getting into – but those lenders who bought into the program from the start are today singing its praises.