Homebuyers Achieved Historic Levels of Down Payments Recently
Average down payments reached $29,900, or 14.4% of purchase prices, signaling a notable trend in buyer behavior and financial commitment in the mortgage market.
Greystar Launches Construction of Virginia Multifamily Build-for-Rent Project
Greystar has commenced construction on a multifamily build-for-rent community in Virginia, responding to growing demand for rental housing options.
Mortgage Leaders Seek Clarity on FHFA’s Decision to End SPCPs
The termination of special purpose credit programs may restrict financial support options for underserved communities, impacting equity in lending practices.
FHA limits loan eligibility to U.S. citizens and permanent residents.
FHA mandates US citizenship or permanent residency for all borrowers, impacting eligibility across its loan programs and shaping lending practices for private lenders.
Mortgage Rates Stabilize: What Are the Implications Moving Forward?
Discover how the Federal Reserve's consistent monetary policy impacts loan pricing for private lenders, following recent decisions on benchmark rates.
Loan Officers Should Prioritize Quality Over Quantity
Explore the current discourse around the loan officer population in the lending community. Shift focus from numbers to productivity for future growth insights.
Zillow Reports Private Home Listings Resulted in Nearly $5,000 Losses for Sellers
Zillow's survey reveals trends among Hispanic and Black home sellers, indicating a preference for private listings, often resulting in significant financial losses.
Navigate DRE Compliance Effectively to Avoid Loan Document Pitfalls
Ensure compliance with California DRE regulations when issuing loan documents. Learn key borrower disclosures and avoid penalties by following industry standards.
Tim Bowler Discusses ICE’s Comprehensive Goals and His Concerns
Tim Bowler of ICE Mortgage Technology likens the integration of Black Knight to constructing a rail line, highlighting the importance of strategic infrastructure in mortgage tech.
Alabama Legislation Allows Home Tours Without Prior Contract Signing
Alabama Realtors support a new bill aimed at enhancing access to mortgage financing, which may influence private lenders' strategies and market opportunities.