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Mortgage lenders are increasingly introducing new loan programs outside of typical underwriting parameters in line with indicators suggesting that the availability of credit in the housing finance market is growing.
December 10 -
The prequalification letter is a great way to move borrowers from casual tire kickers to committed applicants, but advances in digital verification will soon make it obsolete.
December 10
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The housing market is likely changing to predominantly repeat purchasers, even as growth in the first-timer buyer segment continued in the third quarter, a study from Genworth found.
December 10 -
General Motors is providing $40 million in seller financing to the purchaser of its Lordstown, Ohio assembly plant.
December 9 -
The share of Department of Veterans Affairs-guaranteed loans in Ginnie Mae mortgage-backed securities issuance rose to 42% in the most recent fiscal year from almost 39%, and could continue to rise.
December 9 -
With more consumers believing it’s a great time to buy a home, the Home Purchase Sentiment Index had its best November since the index's release in 2011, according to Fannie Mae.
December 9 -
More than half of the third quarter refinance activity was the cash-out variety, with borrowers removing the most total equity from their homes in nearly 12 years, according to Black Knight.
December 9 -
The U.S. Trustee overseeing the bankruptcy filing by Ditech is objecting to certain fees and expenses sought by Weil, Gotshal & Manges, among others.
December 9 -
Hundreds of affordable housing units are coming to South Florida, thanks to one development firm.
December 9 -
Colorado Springs-area homebuyers continued to find slim pickings last month, as the supply of local properties available for purchase remained at historically low levels.
December 9










