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This refinancing option was made to better serve borrowers who do not qualify for other refinancing options.
Mortgage applications increase 5.7% according to Mortgage Banker Association’s (MBA) Weekly Mortgage Application Survey for the week ending on July 23, 2021.
Ohio-Based Agency Has 20 Offices And Operates in 32 States
Landis, a startup that uses technology and data science to help renters reach homeownership, closed $165 million in debt and Series A equity financing.
The reverse mortgage sector has remained strong accounting for more than 4,000 loans a month, according to Reverse Mortgage Daily, however, growing the business further has been on the back burner.
The Consumer Finance Protection Bureau published a report which briefly shows that credit applications across a number of loan types, including mortgages, are mostly back to pre-pandemic levels.
S&P Index Reports 16.6% Annual Increase in May, Topping April's 14.8%
The total number of loans in forbearance as of July 18, 2021, decreased by 2 basis points from 3.5% of servicers' portfolio volume in the prior week to 3.48%.
First-time homebuyers Ben and Dani Graf decided to go $65,000 over budget on a house that was in serious need of renovations.
The Texas housing market achieves a record-breaking 114,772 homes sold in the second quarter of 2021.