Almost none of Miami's condo buildings have FHA approval, and that's a problem

Almost none of Miami's condo buildings have FHA approval, and that's a problem

Lack of access to Federal Housing Authority mortgage loans continues to inhibit growth of Miami's existing condominium market. That's according to a
See Original Article

How Does Homeowners Insurance Work?

If you finance your home, your mortgage lender will probably require you to buy a homeowners insurance policy. That's because lenders want to be able
See Original Article

VELOCITY FINANCIAL : Management's Discussion and Analysis of Financial Condition and …

of mortgage brokers. We operate in a large and highly fragmented market with substantial demand for financing and limited supply of institutional
See Original Article

Bank of Canada Says Financial System Strong Despite Shock

Alternative lenders, such as mortgage investment corporations, have become increasingly important for the provision of credit to households and small
See Original Article

COVID-19 will worsen Charlotte's affordable housing crisis, putting more in need

… need for affordable housing in Charlotte. But, they say, those same disruptions could make financing and building future projects more challenging.
See Original Article

LO Jobs; Valuation Products; Agency/Investor Changes; Mortgage-COVID-Video; Powell Sees …

VA Loans offer many benefits to eligible borrowers, including purchase loans with up to 100 percent financing, low interest rates and no mortgage
See Original Article

Starwood Is in Advanced Financing Discussions With TPG REIT

A Starwood Capital Group affiliate is in advanced talks to provide fresh financing to TPG RE Finance Trust Inc., the mortgage real estate investment
See Original Article

How Lenders Are Moving Forward Amid Uncertainty: Q&A

From the lending perspective, we see the majority of capital sources still considering mortgage loans on commercial property to be a good allocation
See Original Article

How banks are using remote notarization now that states have signed on

Until recently, BMO Harris customers who were seeking a home equity loan or line of credit could apply online and sign most of their documents
See Original Article

Richmond Heights Council has to make NCA decision to keep Belle Oaks project going

25, said that the traditional form of financing is via a construction loan or through mortgage financing. He then added, “Mortgage financing would be
See Original Article

GO Mortgage Celebrates 25 Years in the Mortgage Business

By offering a variety of home loan options, GO Mortgage has become a leading provider of low-interest home loans. GSF Mortgage Corporation, the
See Original Article

Bimini Capital Management Announces First Quarter 2020 Results

The Federal Housing Financing Agency (the “FHFA”) has instructed the … the efficiency, liquidity and stability of the financial and mortgage markets.
See Original Article

UWM Takes 30-Year Fixed to 2.5% Level. Will Competitors Follow?

The company said its loan volume last year exceeded $107 billion, and it was the fifth straight year it was the nation's largest wholesale mortgage lender.
See Original Article

Foundation Home Loans returns to new lending with BTL and residential products

Intermediary-only specialist lender Foundation Home Loans has created and launched buy-to-let (BTL) and residential products, and will return to new
See Original Article

OptifiNow Integrates with CRS' Credit Reports and Data Verification

“Financial service providers, including medical financing and consumer finance, … Integration provides an integrated call center for mortgage lenders.
See Original Article

People on the Move 5.14.20

David A. Flohr has been named executive director of the North Dakota Housing Finance Agency (NDHFA). An agency employee for 36 years, he had
See Original Article

Cash-out refinancing, home equity lending may come to a halt

Nearly 8% of all mortgages are now in forbearance, according to the Mortgage Bankers Association. Builder survey data show new home loan
See Original Article

Hertford Town Council Approves Plan Tackle Vacant Properties

… particularly through redlining and sub prime mortgage lending practices. … and local financing to repair properties and maintain affordable housing.
See Original Article

Fitch Affirms Rothschild Martin Maurel and NM Rothschild & Sons at 'A-'; Outlooks Negative

NMR is mainly focused on financial advisory. … given that the loan book is dominated by low-risk Lombard loans and mortgage loans extended to
See Original Article

Fleet to resume lending and clear pipeline

Fleet Mortgages has resumed booking physical valuations in England and is … The lender says that while its funders continue to offer their full support,
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.