Chase expands availability of stated-income equity lines and loans

Jan 07, 2007

Funding America expands product offeringsMortgagePress.com45/30,50/30,mortgage loans Funding America LLC has announced its "45 due in 30" and "50 due in 30" loan products are now available with adjustable-rate mortgages. The "45 due in 30" and "50 due in 30" loans amortize payments over a longer period than the term of the loan and conclude with a single balloon payment over 30 years. They were made available by Funding America with fixed-rate loans in August 2006. Houston-based Funding America LLC is a wholesale provider of sub-prime and alternative loan products for residential mortgage brokers. For more information, call (866) 782-0100 or visit www.famtg.com.

About the author

National Mortgage Professional

Link copied

Published

Jan 07, 2007

Regulation and Compliance

Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next

The U.S. Senate has passed the Homebuyers Privacy Protection Act (S. 1467), bringing the mortgage industry one step closer to curbing the controversial use of mortgage trigger leads. The Mortgage Bankers Association (MBA) applauded the June 12 vote, which follows earlier pro...

C-Suite Strategies

Former FHFA AI Chief To Lead Better’s AI-Driven Origination, Homeownership Platform

Leah Price will serve as lead for Better's tech as it heads to market — and company takes aim at ICE’s Encompass platform

Digital mortgage and homeownership company, Better.com, has hired former Federal Housing Finance Agency (FHFA) fintech and AI chief Leah Price to lead its Tinman AI Platform as Better moves to offer the technology to lenders nationwide. Price’s new title is Vice President, T...