HUD restricts Section 184 tribal loan program for non-permanent residents.
HUD has updated residency rules for the Section 184 Indian Housing Loan Guarantee program, now excluding non-permanent resident aliens from eligibility.
Multifamily Mortgage Lending Sees a 17% Increase
More than half of active lenders issued five or fewer multifamily loans annually, indicating a shift in lending strategies within the multifamily sector.
Click n’ Close Offers 5/1 ARM with Down Payment Assistance for New Homes
Explore the SmartBuy 5/1 ARM Down Payment Assistance program, which combines a first mortgage with a repayable second mortgage to enhance affordability for homebuyers.
Reverse mortgage production metrics declined in August.
"Despite a steep drop in August endorsements, wholesale sponsors such as Longbridge and Finance of America played a key role in stabilizing market volumes."
The 25-Year Housing Surge and the Start of Its Next Phase
Explore the unprecedented 25-year housing surge in the U.S., marking a transformative era for private lenders and reshaping the housing market landscape.
Mortgage Rates Insufficient to Increase Application Activity
Refinance applications experienced a modest rise, primarily due to increases in FHA and VA activity, while conventional refinance requests saw a decline.
Top Retirement Locations: A Comparison of Advantages and Disadvantages
Discover the challenges retirees face in California's most daunting cities, impacting housing opportunities and strategies for private lenders.
Crittora Introduces Secure Tool for Real Estate Document Delivery
One in three real estate transactions face wire fraud attempts, highlighting the need for enhanced security measures in the mortgage industry.
Final Offer Introduces Platform to Keller Williams Brokerages in Texas
Stay informed with real-time updates on property activity, including offer submissions and deadline alerts, enhancing decision-making for private lenders.
Exploring Smart Home Tools for Seniors and AI Marketing Strategies for Agents
Explore the rising demand for aging-in-place technology as seniors increasingly outnumber children in various U.S. states, impacting private lending strategies.