“The new income limits make the USDA loan an available option for even more homebuyers looking for $0 down payment options,” said Alex Blum, general manager at Mortgage Research Center. “MRC is proud to provide this tool to help educate homebuyers and lenders alike.”Wholesale lender cites internal loan data to urge regulators to monitor whether new condominium eligibility standards reduce access to conventional financing
Four months after new Enterprise condominium eligibility standards raised concerns among lenders across the industry, AD Mortgage is taking those concerns directly to federal regulators.The wholesale lender announced the launch of a Public Policy Initiative last week, using ...
New borrower insights help lenders evaluate applicants earlier in the origination process at no additional cost
TransUnion has enhanced its mortgage credit report by adding alternative credit data designed to give lenders earlier insight into borrower behavior during the loan origination process.The company announced that its mortgage credit report now includes TruVision™ Alternative ...
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