by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Once the deal is closed, FOA’s subsidiary Finance of America Reverse will operate as a separate direct-to-consumer retail channel under the brand name AAG. “We believe home equity will be an increasingly important asset for Americans to consider in order to supplement...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Once the deal is closed, FOA’s subsidiary Finance of America Reverse will operate as a separate direct-to-consumer retail channel under the brand name AAG. “We believe home equity will be an increasingly important asset for Americans to consider in order to supplement...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Large metropolitan areas with the greatest number of foreclosure starts last month included: New York with 1,593, followed by Chicago (1,028) and Houston (685). Miami reported 657. On a slightly more positive note, although foreclosure starts have jumped by 98%...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Non-agency lender Carrington Mortgage Services (CMS) has launched a second-lien program designed for homeowners who want to access home equity to pay off existing debt but don’t want to give up their low-interest-rate first loans. The company said the second-lien...
by mdibrino@hqmloans.com | Dec 8, 2022 | Uncategorized
Less competition also lends itself to the next reason why taking on these fix and flip projects during winter months is smart for investors. With these projects getting started in between November-February, investors can have them ready to sell or rent during the peak...
