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Finance of America Reverse LLCĀ announced its formally established Borrower Engagement Division.
Mortgage applications decreased 6.3% from a week earlier, while refinance applications were down for the fourth week in a row.
Homebuyer demand outstrips supply as mortgage rates creep up; demand has grown 15 times faster than supply since 2019.
With racism 'grandfathered in' to housing prices in minority neighborhoods, a solution to 'unconscious bias' is difficult to find
Bank of America reported that family support often plays a key role in helping first-generation homebuyers purchase their home.
Reuters, REDD say company's billionaire chairman has agreed to provide additional collateral to ensure a construction project tied to a $260M bond is completed.
Blend Income Verification is a new product for financial services firms that provides instant income verification for mortgages and soon, consumer loans and deposit account opening.
Mark Tribuna will lead effort to expand company's partnership with affordable nonprofit builders in mid-Pacific region
In September, demand for second homes was 60% higher than it was before the coronavirus pandemic.