by mdibrino@hqmloans.com | Nov 30, 2022 | Uncategorized
Today’s housing unaffordability crisis has given the market new resurgence: “It’s even more relevant today because as homes become more and more unaffordable, people – families particularly, who want homes but can’t afford to buy homes – they’ll rent a house instead....
by mdibrino@hqmloans.com | Nov 30, 2022 | Uncategorized
“Streamlined refinancing also creates efficiencies that are valuable in high refinance volume environments to allow for larger pipelines to refinance more eligible borrowers. In a low-rate environment, streamlined refinancing helps borrowers at risk of delinquency and...
by mdibrino@hqmloans.com | Nov 30, 2022 | Uncategorized
Read next: Sales fall to slowest pace since 2011 The 10-City Composite annual increase fell to 9.7% in September from 12.1% the previous month. The 20-City Composite was down to 10.4% from 13.1% month over month. According to CoreLogic, all 20 cities registered lower...
by mdibrino@hqmloans.com | Nov 30, 2022 | Uncategorized
Wells Fargo Foundation has pledged $22.5 million to the Local Initiatives Support Corporation (LISC) as part of its efforts to address systemic barriers to homebuying for Black, Hispanic and other underserved families. The foundation awarded $7.5 million each to...
by mdibrino@hqmloans.com | Nov 29, 2022 | Uncategorized
You bought a home with a mortgage. Afterward, you took out a second mortgage in the form of a home equity loan. If you defaulted, the mortgage lender on your first loan would be able to claim first the funds from the foreclosure sale. The second mortgage lender, on...
