Churchill opened an office in Traverse City to help both locals and vacationers pursue their dreams of homeownership. With more than 25 years of experience, Sue Farrar will be leading the Traverse office as a senior home loan specialist. She is licensed in multiple states, including Alabama, Arkansas, California, Florida, Kentucky, Pennsylvania, Tennessee and Michigan.Principal-and-interest payments reached $1,522 for lower-payment purchase applicants in June, just $9 below the national median asking rent
Prospective homebuyers received modest affordability relief in June, but a closer look at the numbers shows how difficult the monthly payment conversation remains for loan originators.The national median principal-and-interest payment sought by purchase applicants fell to $2...
Rated transactions are projected to represent 73% of 2026 issuance and have priced substantially tighter than unrated deals, according to KBRA
Rated transactions are claiming a larger share of the residential transition loan securitization market, with investors generally accepting tighter spreads on rated deals than on their unrated counterparts, according to new research from KBRA.Residential transition loans, co...
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