“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.”The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
Six federal regulatory agencies on Thursday requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in automated real estate valuations. The proposed rule would implement quality control standards for automated valua...
Mortgage rates at 7-month high, lack of listings sidelining homebuyers.
On Thursday we learned that mortgage originations fell to a 23-year low in the first quarter, so a report from Redfin that pending home sales are way off isn’t a shock. According to a report from the online real estate brokerage, pending home sales during the four weeks end...
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