Prior to joining Flagstar, Gibson was with Caliber Home Loans for eight years, most recently serving as executive vice president of Wholesale Lending Production. He began his career and spent 14 years at Wachovia, a Wells Fargo company, leading mortgage sales and strategy on both the wholesale and retail sides.New Advantage program offers more flexibility for borrowers with past credit events, self-employed buyers using bank statements, and real estate investors
ResiCentral is expanding its Non-QM lending options with a new program offering up to 90% loan-to-value (LTV) financing, debt-to-income (DTI) ratios as high as 55%, and more accommodating guidelines for borrowers with past credit events.The wholesale and non-delegated corres...
Pending sales fall 16.4% from a year ago despite lower home prices and mortgage payments, as sellers retreat from a weakening market
Home prices are falling. Mortgage payments are easing. Sellers are becoming more willing to negotiate. Yet the housing market keeps losing buyers.Pending home sales fell 16.4% year over year during the four weeks ending Nov. 1, reaching their lowest level in Redfin's weekly ...
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