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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.
April 26
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A couple small deals with some unusual regional concentration also are in the market and one broker says many billions of dollars more are in the pipeline.
April 25
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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.
April 25
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Chief Financial Officer Terry Dolan mentioned the possibility when analysts asked about ways the bank might optimize its risk-weighted assets.
April 21
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The move could reinforce measures undertaken by the current administration
April 19
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Mortgage subservicing opportunities open up as transfers rise: BSI
April 18
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Rate volatility stemming from the banking crisis temporarily disrupted trading, but a broad range of deals large and small have gone up for bid since then.
April 17
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Mission-driven entities will have priority on 50% of loan pools secured by Home Equity Conversion Mortgages.
April 14
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Truist Financial Corp. plans to stop sales and trading of mortgage-backed securities and government-agency and Small Business Administration bonds by January.
April 13
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The agency added increased emphasis on loss mitigation and special purpose credit programs following heightened calls for more participation in the latter from a minority trade group.
April 5
