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The wholesaler, which provides 2% down payment assistance as part of the program, previously offered it until May 2024, when it was replaced by a 0% down loan.
June 12
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A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.
June 12
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As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.
June 9
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Funding for Volo Loans, which assists U.S. homebuyers in Costa Rica, comes after recent polling showed a significant share of Americans open to moving abroad.
June 5
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The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a cause of the financial crisis.
June 3
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Homeowners today can pay around $100 less per month, than they did at the same time last year, to borrow $50,000, according to Intercontinental Exchange.
June 2
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Proprietary reverse loans are typically available to a larger range of borrowers and come with higher loan limits than the Home Equity Conversion Mortgage.
May 30
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While mortgage originations increased, borrowers focused their attention on big-ticket items, as credit account balances flattened overall, Vantagescore said.
May 28
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Panelists at the Mortgage Bankers Association's conference credited investors for helping create the conditions strengthening performance of non-QM portfolios.
May 22
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The Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said Mike Fratantoni.
May 19
