In Lender Letters issued on Thursday, Fannie Mae and Freddie Mac confirmed that loans purchased by the GSEs with application dates on and after July 1, 2021, must meet the standards of the Consumer Financial Protection Bureau’s Revised Qualified Mortgage Rule. In the letters, the two government sponsored enterprises state
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Over the last several years, non-bank mortgage originators have established a much larger market share. Additionally, non-bank servicers have more than doubled their ownership of servicing rights in the last 10 years. This gives non-bank lenders and servicers significantly greater access to more consumers and provides an opportunity for student
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Better.com has received a $500 million investment from SoftBank that values the digital mortgage lender at about $6 billion, CNBC reports. Although the news was initially reported by The Wall Street Journal, CNBC confirmed the news later with sources familiar with the matter. Better’s last funding round was in November
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With the shutdowns in New York and other major Northeastern cities last year, many residents decided to leave high population centers moving south.
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Aaron Bolster, president of the Maine Association of Realtors, said the housing market was already strong in 2019. “[Last year] just went off the rails,” he …
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The newly launched real estate advisory firm will be focused on sale-leaseback and merger-and-acquisition-related real estate transactions. SLB’s …
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BC Betz Realty LLC from Northern Stark Realty Management Ltd, 2323 20th St NE, $41,700. Breiding Aimee & Brian from KZB Realty LLC, 1247 Shorb …
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Homebuyers are facing the most competitive U.S. housing market in decades this spring. To put that in perspective, the inventory of homes for sale …
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A local couple’s purchase of a nearly century-old house along Riverside Drive topped Richmond-area home sales last month, edging out several …
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In most cases, a property is listed as “under contract” once a buyer has made an offer and the seller has accepted. While that’s a big step, it doesn’t …
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In a handful of states, more than half of homes sold in March traded for more than their listing price. In California and Colorado, fully 60 percent of homes …
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WALLINGFORD — Property transfers reported from March 19 – 26. Uzair Hasan to Joseph Borelli and Alexis Thomas, 472 Church St., $295,900.
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