-
Quontic has rolled out a streamlined non-qualified mortgage refinance product that will not require the borrower to provide verifications or documentation.
February 19 -
Default rates for prime jumbo mortgages will increase, but a strong economy and rising home prices will bail most borrowers and lenders out, Moody's said.
February 3 -
There was less credit available for the first time in four months in December, when lenders offered fewer conventional and government products, particularly Veterans Affairs-guaranteed loans, the Mortgage Bankers Association said.
January 13 -
California homeowners with big home loans and vacation properties would owe higher taxes under new legislation to raise money for programs to get the state's homelessness crisis under control.
January 9 -
Massachusetts cities and towns would have new options for funding local affordable housing under a proposal rolled out on Jan. 8: a fee of up to 2% on real estate sales above the statewide median sales price, and a higher fee on certain "speculative" property sales.
January 9 -
The new owner of a 12-bedroom, $94 million home purchased in October received a $58 million, 10-year mortgage from HSBC.
January 9 -
The nomination deadline for the 2020 Top Producers program is coming up soon.
January 8 -
Redwood Trust’s next mortgage-backed securitization consists almost entirely of older mortgages it originally sold off, but has since reacquired to assign to its first deal of the new year.
January 3 -
Finance of America Reverse has launched a revolving credit line product that allows borrowing power to increase over time by allowing 75% of funds to grow for future use.
December 18 -
A larger share of Manhattan high-end residential property purchasers took out a mortgage during the third quarter rather than pay all cash for their condominium
December 16