by mdibrino@hqmloans.com | Nov 8, 2022 | Uncategorized
Read next: More first-time homebuyers being priced out of the market – NAR The percentage of respondents who said it is a good time to buy a home decreased eight points to 16%, a new record low. The share of consumers who believe now is a good time to sell a home...
by mdibrino@hqmloans.com | Nov 8, 2022 | Uncategorized
Freddie Mac has tapped seasoned mortgage executive Ravi Shankar to lead the company’s single-family portfolio and servicing unit. As head of the division, Shankar will be in charge of the portfolio management, servicing, operations, and technology of Freddie Mac’s...
by mdibrino@hqmloans.com | Nov 8, 2022 | Uncategorized
Homepoint has rolled out its new home equity line of credit (HELOC) through its network of mortgage broker partners in 38 states and Washington, D.C. According to its release, the HELOC product is a standalone line of credit with a fixed interest rate,...
by mdibrino@hqmloans.com | Nov 8, 2022 | Uncategorized
Non-qualified mortgage (non-QM) loans have grown more popular with brokers and lenders. However, challenges are emerging. As inflation woes and rising borrowing costs persist, even the booming non-QM sector faces margin compressions due to reduced purchase and...
by mdibrino@hqmloans.com | Nov 7, 2022 | Uncategorized
“In the government space you have some room, there’s some flexibility, but as far as getting outside of that, that’s really not what we’re focused on. We’re not going to get into non-QM programs, we’re going to stay focused on what we do, and...
