The Federal Housing Finance Agency introduced new upfront fees on Wednesday for some high-balance and second-home loans sold to Fannie Mae and Freddie Mac. Upfront fees for high balance loans will increase between 0.25% and 0.75%, tiered by loan-to-value ratio. For second home loans, the upfront fees will increase between
In addition, Johnson said the median home sale price increased from $185,000 in 2020 to $225,000 in 2021. At Worthington’s Edina Realty office, Staci …
The number of residential home sales increased, prices were up, and more buyers, priced out of the single-home market, turned to co-ops and condos …
“The owner was interested in selling, and we were an owner-occupied tenant, … SRMF’s building also is home to McKeown Cosmetic & Reconstructive …
The trust documents tie the buyer’s address to an 18,000-square-foot home in Great Falls. We will update this post if we identify the individual …
Lineberger earned an MBA with a focus in Real Estate Finance at the University of Southern California, Marshall School of Business. He also holds a …
Some Federal Housing Administration-approved mortgage servicers have routinely flouted the agency’s loan modification program, according to Washington, D.C. Attorney General Karl Racine and 20 other state attorneys general. The attorneys general wrote in a Dec. 21 letter that a number of mortgage servicers employed by FHA-approved lenders failed to adequately
Mortgage applications decreased 2.7% from two weeks earlier, according to the Mortgage Bankers Association survey for the week ending Dec. 31, 2021. The results include adjustments to account for the holidays. The holiday adjusted Refinance Index decreased 2% from two weeks ago and was 40% lower than the same week
The most wonderful time of the year, as the song would have us believe, comes to a close with Epiphany, the 12th day of Christmas, Jan. 6. I do hope everyone had a joyous holiday season, spending some relaxing time with family and friends. The holiday season is winding down.
loanDepot announced this week that it will begin servicing Ginnie Mae loans in-house, following a 2021 decision to do the same for Fannie Mae and Freddie Mac-backed loans. The top-ranked nonbank lender said in a press release that servicing Ginnie Mae loans “carries great significance” because the agency is the primary
Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9 million. That was the start for the nonbank lender, which dominates the nation’s wholesale mortgage
For well over a decade, the industry has made steady progress in digitizing mortgage closings. As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned). On one end are traditional wet-ink
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
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Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial