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Lower Introduces Mortgage Option Requiring Just 1% Down Payment
Lower introduces a new program allowing 1% down payments and a 2% grant up to $4,500 for qualified borrowers at or below 80% AMI with a 620 credit score.
Finance of America increases reverse mortgage volume amid $29 million net loss.
Finance of America Companies Inc. (FOA) experienced a 21% increase in reverse mortgage and home equity funding volume, despite facing a $29 million net loss in Q2.
Agent productivity fuels successful quarter for AGNT and eXp Realty.
Company posts $1.4 billion in Q2 revenue, reflecting an 11% year-over-year growth, highlighting strong market performance and potential opportunities for private lenders.
Compass Achieves Record Revenue and Increased Profits Following Acquisition
Compass reported significant Q2 revenue of $4.3B and a net income of $92M, with $180M in free cash flow, driven by Anywhere's performance.
Frank Cassidy Discusses JPMorgan Chase’s Housing Commitment
Former FHA Commissioner Frank Cassidy emphasizes the importance of recognizing housing as vital economic infrastructure, highlighting evolving perspectives in the industry.
loanDepot Reduces Q2 Net Loss with Improved Home Equity Margins
loanDepot reports a reduced Q2 net loss of $6.6M, with an 18% revenue increase to $337.3M and a 4% rise in originations, nearing $8B.
Beeline to Enhance Home Equity Lending with Planned Acquisition of TYTL
Beeline Holdings aims to acquire TYTL Corp., enhancing home equity access with a blockchain platform, offering a no-debt alternative to traditional lending options.
Idaho Credit Unions Launch Initiative to Aid First-Time Homebuyers
Idaho credit unions offer 100% financing for eligible first-time homebuyers, enhancing access to affordable homeownership options in the region.
National Park Service Seeks Proposals for Leasing Cape Cod’s Historic Properties
Explore the National Park Service's RFPs for leasing historic Cape Cod properties, highlighting significant improvement needs. Learn more about this unique opportunity.