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HUD officially extends its programs to Cherokee Freedmen descendants

National Mortgage
Mortgage Finance
4 years ago

Department of Housing and Urban Development programs for Native Americans have been extended to descendents of Cherokee Freedmen who joined,.. Read More;

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More Americans are not spooked at buying a haunted house

National Mortgage
Mortgage Finance
4 years ago

Ghostly inhabitants are not a deterrent to a motivated home buyer, especially given the inventory shortage affecting the housing market.,.. Read More;

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Home equity loan fintech raises $2 million in seed funding

National Mortgage
Mortgage Finance
4 years ago

Button Finance, a New York-based fintech focused on home equity loans, announced Monday that it had closed $2 million in,.. Read More;

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Home Partners prepares massive $2 billion RMBS issuance

National Mortgage
Mortgage Finance
4 years ago

In the largest issuance of the residential mortgage-backed securities (RMBS) in the platform’s recent memory, Home Partners of America 2021-2,.. Read More;

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Wage disparities make homeownership elusive for many millennials

National Mortgage
Mortgage Finance
4 years ago

The financial circumstances facing millennials has made the average age of the first-time home buyer older, and for some, the,.. Read More;

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Housing market shows cracks with price cuts in pandemic boomtowns

National Mortgage
Mortgage Finance
4 years ago

No city exemplifies the mania of the Covid-era U.S. housing market better than Boise, Idaho, where prices have surged by,.. Read More;

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Regions says its open to more nonbank acquisitions

National Mortgage
Mortgage Finance
4 years ago

Regions Financial, which has made two deals to buy nonbanks in recent months, is on the lookout for more such,.. Read More;

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Forbearance rate hovers at 12-month low as weekly drop decreases

National Mortgage
Mortgage Finance
4 years ago

Forbearance in October is nearing a 12-month low since exits have soared, but the number of loans in such plans,.. Read More;

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Cash-offer fintech UpEquity scores $50 million in funding

National Mortgage
Mortgage Finance
4 years ago

Proptech mortgage company UpEquity, the digital platform providing home buyers with the means to put down all-cash offers, announced the,.. Read More;

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Bidding wars decline as the housing market cools: Redfin

National Mortgage
Mortgage Finance
4 years ago

The percentage of for-sale properties receiving multiple bids reached a 2021 low in September according to Redfin. It was the,.. Read More;

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DOJ vows more redlining cases after Trustmark settlement

National Mortgage
Mortgage Finance
4 years ago

Attorney General Merrick Garland unveiled an interagency initiative to combat redlining and announced a settlement with Trustmark National Bank in,.. Read More;

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As refis dry up, mortgage firms vow to lend more to minority borrowers

National Mortgage
Mortgage Finance
4 years ago

Mortgage lenders that have sustained staggering profits over the past two years are facing a tougher outlook ahead. Rising interest,.. Read More;

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