The acquisition of wemlo, a startup that provides third-party mortgage loan processing services, is an investment in the company’s rapidly growing Motto Mortgage franchise business. …
Posts published in “Mortgage”
After 10-straight weeks of mortgage loans in forbearance declines, the total number of loans in forbearance appears to have flattened out at 7.2 percent. Source:…
Similar to a 529 Plan, the American Dream Down Payment Act would help homebuyers save 20 percent for a down payment in a state-managed savings…
The fee will no longer apply to refinance loans with balances below $125,000 or to the GSEs’ affordable refinance products. Source: Inman News
Purchase applications are up 33% compared to a year ago — the 14th straight week of annual gains — according to a new survey from…
Despite the positive trend, the Mortgage Bankers Association estimates 3.6 million homeowners are in forbearance plans. Source: Inman News
First American’s “real house price index” surged in certain cities as the median income plummeted while home prices rose. Source: Inman News
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate…
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than…
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness. Source: Inman News