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Coming Up:
Homepoint Offering Discount For Underserved Communities
Reduced mortgage price also designed to increase access to housing and mortgage brokers.
UWM Offering HELOCs, Doubles VA Jumbo Loan Limit
Boosts VA jumbo loan limit to $4 million.
NAR: Housing Cycle May Be Near The Bottom
Pending home sales fell 1% in July, the second straight monthly decline and eighth in nine months.
Mortgage Applications Fall For 2nd-Straight Week
Remain at 22-year low as refinancing applications continue to decline.
Black Knight: Delinquencies Increased Nearly 2% in July
The national foreclosure rate remained just above the record low set in May.
FHFA To Create Advisory Committee On Affordable, Equitable, & Sustainable Housing
The committee will focus on FHFA’s regulated entities like Fannie Mae, Freddie Mac & Federal Home Loan Banks.
Tim Birkmeier Loves The Current Market, So Should You
In any marketplace, there are examples of success. All you have to do is replicate it.
New-Home Sales In July Fell To Slowest Pace In 6 Years
Sales fell 12.6% from June, but are down nearly 30% YOY as affordability continues to shrink.
OCC Fines Former Banker $150,000
Financial penalty part of a consent order related to alleged kickbacks.