Trump Mortgage accredited and licensed in 15 states

Sep 11, 2006

Triton Funding offers fractional loans to second-home buyersMortgagePress.comFractional property ownership, Triton Funding Triton Funding Group is now offering fractional ownership loansloans that enable homebuyers to purchase properties (usually vacation homes) with other parties. "Owning fractional interest in high-end properties is becoming more and more feasible and popular," said George Rosenfield, co-founder and president of Triton. "The Ritz-Carlton Club and Residences, Fairmont Heritage Place and Calistoga Ranch, just to name a few in our local marketplace, are booming. It is our team's pleasure to provide an additional level of service to our clients to meet this growing demand in the second home market." San Francisco-based Triton Funding Group is a mortgage lender. For more information, call (877) 606-5626 or visit www.tritonfunding.com.

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Sep 11, 2006

Regulation and Compliance

No FHA-Insured Loans For Non-Permanent U.S. Residents

In March 26 letter, HUD states change is effective May 25, aligns with Trump Administration policies

In a policy shift announced today, non-permanent U.S. residents will no longer be eligible for mortgages insured by the Federal Housing Administration (FHA), part of the U.S. Department of Housing and Urban Development (HUD). The change, detailed in a March 26 letter HUD...

Regulation and Compliance

GSEs Ordered To Terminate Special Purpose Credit Programs

Fannie Mae’s and Freddie Mac’s current support for such SPCP programs is ‘inappropriate,’ FHFA has determined

In a directive issued March 25, Decision No. 2025-145, Federal Housing Finance Agency (FHFA) Director Bill Pulte ordered Fannie Mae and Freddie Mac to terminate “Special Purpose Credit Programs,” or SPCPs, that they support. The directive describes such programs as those ...