Origination

Some states are increasing their requirements for home valuation professionals as housing officials warn that they consider mortgage lenders responsible for equitable practices too.

Once the news of the delayed sale was announced, the mortgage wholesaler opened trading on Nov. 17 at $1.17 per share higher than its previous close.

The sponsors got the portfolio through multiple acquisitions from May through October.

The residential real estate investment startup, which works with lenders to help investors buy rental properties, will use the money to buy rehab property inventory for its customers.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.

Alternative lenders, which often use aggressive underwriting tactics to generate high returns, were closing in on banks even before the pandemic. Now they've pulled ahead.

The likelihood that inflation remains above the Fed's 2% target contributed to the government-sponsored agency’s decision to dial back its 2022 outlook.

Fed moves, inflation and retail sales applied upward pressure, contributing to the increase.

Announcements from Paramount Residential Mortgage Group and LodeStar Software Solutions are early indications that the company’s aggressive investment in diversified business lines could pay off.

Only eight states experienced annual appreciation viewed as sustainable, according to Fitch Ratings.