First Franklin Financial Corp., San Jose, Calif., has announced a commitment to sponsor at least eight homebuilding worksites in 2004 and 2005 in partnership with Habitat for Humanity International.The local Habitat for Humanity affiliate for each worksite will receive financial and volunteer support from First Franklin's local sales offices, the company said. First Franklin said the commitment represents its second consecutive year of support for Habitat for Humanity, which builds homes for low-income families through homeowner and volunteer participation and then sells the houses to the homeowner family at no profit.
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New guidelines regarding buy-side and sell-side real estate agent compensation are set to go into effect this summer.
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Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
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The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.
March 28