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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.

Wharton real estate professor says effects of higher prices and mortgage rates should correct soon