Mortgage Grapevine poster SFranny has a question about the Federal Housing Administration’s streamlined refinance program. An old client is looking to apply for one of these loans and is asking if a second lien loan can be subordinated. To see more, go to
The lender is seeking a temporary restraining order on its founder to halt his shareholder rally, suggesting he could complete his corporate takeover soon.
Smaller builders felt the greatest impact of material cost increases, as new Trump administration tariffs add a layer of worry for the construction industry.
The national delinquency rate dropped 16 basis points to 3.39% last month, according to the Intercontinental Exchange's latest first look report.
The product expansion comes at a time when not just non-agency issuance is expected to have a record year, but other lenders are getting into wholesale.
Seven federal agencies rescinded a 2022 guidance that encouraged creditors to offer special purpose credit programs to underserved communities.
Price gains slowed to a crawl from May to June, specifically in the West, but Central and East Coast regions showed steady year-over-year gains.
