Velocity Mortgage Capital's asset-based loan options provides alternative to hard money lenders
The program offers construction financing for the development of new rental properties
The year saw record origination volumes from life insurance companies and the GSEs, and the second highest level on record for banks.
B2R Finance has announced the industry’s first multi-borrower SFR securitization transaction, which is expected to include a $230 million principal.
Ocwen has rejected efforts made by investors to remove the firm as the servicer of billions of dollars of mortgage pools.
Existing-home sales increased modestly in February, but constrained inventory levels pushed price growth to its fastest pace in a year, according to the National Association of Realtors' report released this morning.
The troubled mortgage servicer, which is dealing with a mountain of regulatory and legal issues, was just hit with another avalanche of bad news.
Concerns over the GSEs weak earnings “should serve as a wake-up call to Congress to move quickly to advance housing finance reform,” according to NAHB chairman.