TrueClose introduces loan origination platform

Sep 07, 2005

Seattle Mortgage releases reverse jumbo loanMortgagePress.comReverse mortgages Seattle Mortgage has introduced a proprietary reverse jumbo loan, The Independence Plan, which features a 2.1 percent margin option. The new loan features the ability to waive loan fees and have most (if not all) third-party charges paid by Seattle Mortgage, as well as the flexibility to draw as much money as desired, rather than a flat percentage. A subsidiary of Seattle Financial Group, Seattle Mortgage is a mortgage company based in Seattle. For more information, call (800) 233-4601 or visit www.seattlemortgage.com.

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Sep 07, 2005

Diversity & Inclusion

Home Value Gap Narrows Between Hispanic And White Homeowners

Hispanic homeowners see home values rise, regaining ground lost during the pandemic.

Home appreciation among Hispanic homeowners lagged behind white homeowners throughout the COVID-19 pandemic, with the home value gap peaking at 12.4% in December 2021. However, the latest housing trends report by Zillow found that Hispanic-owned homes regained lost ground ov...

Courts

UWM's Motion To Dismiss RICO Class Action Denied As Moot

Plaintiffs' late August filing of an amended complaint means UWM must file a new motion to dismiss if it wishes to proceed with having the case thrown out.

A previous version of this article was published on Oct. 11, 2024, under the headline, "UWM's Motion To Dismiss RICO Class Action Denied". United Wholesale Mortgage (UWM) and the company’s CEO, Mat Ishbia, have had their motion to dismiss a class action lawsuit alleging ...