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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.
Forbearance decreased by 34 basis points from 2.62% of servicers' portfolio volume the previous week to 2.82%.
ICE Mortgage Technology's latest Encompass update, Encompass 21.3 supports the ability for lenders to offer 0% loans.
Appraisal Subcommittee said requirements are being reviewed to determine whether they ensure and promote fairness, equity, objectivity, and diversity, in both appraisals and in the training and credentialing of appraisers.
The Mortgage Bankers Association's Builder Application Survey reported a 16.2% year-over-year decline in new home purchase apps for Sept. 2021.