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The wholesaler, which provides 2% down payment assistance as part of the program, previously offered it until May 2024, when it was replaced by a 0% down loan.
June 12 -
Chimera Investment Corp. said that after the deal closes, HomeXpress will operate as a subsidiary of the REIT.
June 12 -
The 30-year fixed rate mortgage moved one basis point lower this week, remaining in the same range since it spiked in mid-April, Freddie Mac said.
June 12 -
The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.
June 12 -
A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.
June 12 -
Mortgage applications rose 12.5% from last week, breaking a month-long streak of decline and offering a positive note as summer approaches.
June 11 -
Real estate players disclosed losses in 12% of incidents, and the average financial hit was $16,829, according to data from the past decade.
June 11 -
The trade group, whose industry has come under attack by the growth of title insurance alternatives, cited Morton's lobbying expertise for his promotion.
June 11 -
Like the current HUD secretary, Andrew Hughes holds close ties to former department head Ben Carson, actively supporting his past presidential ambitions.
June 11 -
While lenders have come out with more products for the spring season, rate lock data finds buyers still hesitant to act because of high mortgage rates.
June 10 -
Filings rose at the start of 2025 following the end of a federal foreclosure moratorium, but new numbers from Attom suggest normalization of certain trends.
June 10 -
Steady construction and weaker demand caused the first seasonally-adjusted dip in home values since 2022, signaling a move into a buyer's market.
June 10 -
A newer version of the ban would allow a consumer's original mortgage lender, current servicer or their current bank or credit union to contact them.
June 10 -
The former fintech lead at the FHFA will work to "disrupt" current technology offerings for mortgage lenders.
June 10 -
As the Trump Administration looks for savings in the bloated federal housing complex, the most obvious opportunity is to return defaulted assets to the private sector, writes the chairman of Whalen Global Advisors.
June 10
Whalen Global Advisors LLC -
Covius' title services had focused on the needs of firms involved with defaults, but this acquisition from Blend pushes the shift to originations forward.
June 9 -
While Fannie Mae sees improving buying and selling conditions, more consumers still think prices will rise over the coming year.
June 9 -
The Treasury is set to sell $22 billion of 30-year government bonds on Thursday. The results will receive special attention because they will offer an instant readout on the scope of market demand at a time when investor appetite for 30-year US debt has soured.
June 9 -
As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.
June 9 -
The exemption from the temporary restriction the government securitization guarantor introduced last month could help smaller issuers.
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