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CAR has filed lawsuits against six Southern California cities for violating state laws that require cities to plan for the development of housing.
Redfin says the houses being purchased are smaller by 31 square feet.
Use of alternative funding is more prevalent among minorities and lower income borrowers.
The company acquired the majority of the non-QM loans from LendSure Mortgage Corp. and American Heritage Lending.
Industry veteran will oversee growth of Midwest market branches
Paul Ryan has over two decades of experience in financial roles
Month-over-month, sales in March fell in three of the four major U.S. regions, while holding steady in the West.
Mortgage technology firm cites rising rates, falling refinance applications for cuts.
Since ARM loans typically have lower rates than fixed mortgages, they’ve become more attractive to borrowers.
Joins GSEs, NCUA, & USDA in offering the option.