With the non-QM space booming, originators need to educate themselves about the products – or be prepared to lose business to their competitors
Customers will now be directed to a centralized call center
Nearly half of all American households plan to move at some point in the future and three out of every four movers report that a location consideration is the reason.
The acquisition is the first in GenEquity's history, which is licensed in 19 states.
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.
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.
With the addition of three new managing partners, Bayshore Mortgage Funding has launched a reverse mortgage division.
The first wave of homeowners who lost their home to foreclosure or short sale during the foreclosure crisis are now past the seven-year window: millions more are expected to follow.