Axis Financial, a Seattle-based company that bills itself as a one-stop shop for construction loans, has announced the launch of a new website.Tyler Simmonds, a principal partner in the company, said the Pacific Northwest and the Inland Empire are still growing, contributing to the company's expansion. "You will find that most mortgage brokers and loan officers don't understand the construction process, and shy away from these transactions," he said. Axis Financial's new website can be found online at http://www.wefundconstruction.com.
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The agency proposed to repeal a regulation that requires FHLBanks to submit formal notices before engaging in new business activities that carry unmanaged risk.
July 27 -
So far this year, the volume of closed-end second and home equity line of credit securitizations is near last year's $29 billion, Bank of America Securities said.
July 27 -
Home price growth is accelerating as inventory stalls—Chicago and Pittsburgh lead mid-tier gains at 4.2%, while Denver and Las Vegas see supply-driven price corrections.
July 27 -
The industry leaders are sparring over refinance business from a Mr. Cooper portfolio, and UWM contends it didn't specifically try to harm its rival.
July 27 -
The trade group supports FHFA's overhaul but urges longer comment periods, more flexibility and protections to prevent unintended consequences.
July 27 -
The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
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