Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Source: Inman News
Posts published in “Mortgage”
The fax machine is finally put to rest. With the onset of e-closing platforms and RON, the real estate sales cycle is 100 percent online,…
Limited income was the most cited factor holding back non-homeowners from saving, according to a new survey by the National Association of Realtors. Source: Inman…
A provision of the CARES Act allows for mortgage payment relief to help struggling families, but it could have an unintended negative effect on the…
In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other…
The lender will require a 700 credit score and 20 percent down for mortgages. Source: Inman News
The Mortgage Banker Association’s Sara Singhas explained how mortgage forbearance and repayment works and what homeowners should do if they need more time. Source: Inman…
The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults. Source: Inman News
The average rate for a 30-year, fixed-rate mortgage is at an all-time low, but it could drop further if the economy stabilizes. Source: Inman News
About 30 percent of survey respondents said they did not make a rent or mortgage payment in April, and 20 percent said they made a…