Union Equity Inc., a real estate development and services company based in Palm Beach, Fla., has changed the name of its wholly owned subsidiary Preferred Properties Real Estate Inc. to Home Loans 24/7 Inc.The name change is aimed at enhancing marketability in the residential lending sector, the company said. Union Equity also announced that it is preparing to launch a revamped and interactive version of KingOffer.com, the online extension of its other wholly owned subsidiary, Home Sales Express Inc., which is aimed at homeowners who want to participate in the for-sale-by-owner market as buyers or sellers. Union Equity can be found online at http://www.unqt.com.
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The Department of Housing and Urban Development got 67 responses to its request for information regarding the FHA program's Minimum Property Requirements.
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Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.
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Homeowners accuse the home equity investment company of breaking the law for suggesting that its home equity investment product isn't a mortgage.
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The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
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Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
June 30 -
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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