Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Minneapolis' offering of affordable starter homes and inflated supply of below-median-priced options made it the housing market with the highest low-income ownership rate, according to Redfin.
March 5 -
Freddie Mac closed its fifth LIHTC fund since 2018 and will make three investments in affordable housing through a partnership with National Equity Fund.
March 4 -
Rises in the amount of low down payment loans and private mortgage insurance due to tight affordability led to the most first-time homebuyers since 2006, according to Genworth Mortgage Insurance.
March 1 -
Financing poured into purchasing homes to flip in 2018, reaching the highest total since 2007, according to Attom Data Solutions.
February 28 -
The Money Source has filed three provisional patent applications as part of its efforts to develop new innovations in mortgage servicing, including the use of blockchain technology.
February 27 -
Slower home price growth and cooled mortgage rates could bring buyers out in droves in 2019, according to NerdWallet.
February 26 -
Rising household incomes paired with December's drop in mortgage rates gave consumers their largest monthly jump in home buying power since 2013, according to First American Financial Corp.
February 25 -
While overall housing sales have suffered due to affordability, the trend is even more drastic for typically higher-priced new homes, according to Redfin.
February 22 -
With its latest round of funding, the mortgage fintech company will continue to build its digital platform, with a goal of reducing the complexities and costs of home buying.
February 21 -
As expected economic growth remains at 2.2% — down from 2018's 3.1% — 2019 should only be accompanied by a solitary rate hike from the Federal Reserve, according to Fannie Mae.
February 21
