Origination

Business owners or employees in this line of business can apply for a non-QM loan in 38 states that have legalized recreational or medical use of marijuana.

Depending on the state, the range is from $1.7K to $3.7K based on loan offers made on the site.

Taking a second look at those who were denied credit is very costly for lenders under the FHA's antiquated rules, writes the Chairman of Whalen Global Advisors.

Home loan volume is slowing, heightening the need for effective outreach to new leads for lenders. Join industry mortgage marketing leaders for a discussion about best practices in the current landscape.

The transaction is the second of its kind in the past six months and comes as the mortgage leaders take steps to develop document standardization that would ease electronic closings and trading of the home equity loans.

They rose 2% from a year earlier in February, slower than the 3.7% increase in January, according to data from S&P CoreLogic Case-Shiller. 

The wholesaler, which is in the process of buying Homepoint's business, in its first major product announcement introduces a buy before you sell offering.

Purchases of new single-family homes increased 9.6% to an annualized 683,000 pace last month from a downwardly revised 623,000 rate in February, government data showed Tuesday.

This and other issues related to measures that manage risk challenge participation, stakeholders told the Federal Housing Administration.

This and other issues related to measures that manage risk challenge participation, stakeholders told the Federal Housing Administration.