More than a year on from the Trump administration’s tax-code overhaul – which included a cap on the mortgage interest deduction –buyers are reporting how the new law affects their home search
A typical US home is now worth $226,800
Purchase, HELOC originations also lower
Some high-priced markets are shifting in buyers’ favor
It’s backed by Ohio mortgage lender Homeside Financial
The Justice Department says Gateway Funding, which was acquired by FAM in 2015, bilked HUD on FHA-insured loans
Metro areas impacted by natural disasters have experienced an upward spike in delinquency rates
The company expects to pay approximately $60 million in cash for the purchase