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Originating loans secured by condominium apartments or multi-unit properties is similar to the process for single-family properties but their are some important distinctions.
March 13
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Rep. Gary Miller, R-Calif., introduced legislation Wednesday to curb efforts by the Department of Housing and Urban Development to lower Federal Housing Administration loan limits.
March 12 -
Commercial and multifamily mortgage debt outstanding reached a record high during the fourth quarter, erasing the declines caused by the recession.
March 12 -
Lenders don't want to make loans outside the Qualified Mortgage rule's tight debt-to-income standard. Young graduates don't want to add to their hefty monthly payments. Net effect: Fewer first-time buyers.
March 12
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Mortgage bankers welcomed the Johnson-Crapo housing finance reform proposal as a start, but cautioned they had no illusions it will on its own bring private capital back to their industry.
March 12 -
State regulators fined Southeast Mortgage of Georgia $22,500 following allegations that the nonbank lender was doing business with an unlicensed loan originator.
March 12 -
National lender hires more than 30 let go by Green Tree, one of several lenders leaving the market.
March 12 -
Mortgage applications fell last week as fewer consumers purchased properties and refinanced their homes.
March 12 -
The emotional side of financing a home is often overlooked by loan officers.
March 12
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Tree.com, the parent of LendingTree, increased fourth-quarter revenue by more than half from a year earlier, a feat the company credited to strategy changes and new products.
March 11





