by mdibrino@hqmloans.com | May 30, 2023 | Uncategorized
Time is ripe for non-QM lenders to expand | Mortgage Professional TV [embedded content] LATEST NEWS Free e-newsletter Our daily newsletter is FREE and keeps you up to date with the world of mortgage. This page requires...
by mdibrino@hqmloans.com | May 30, 2023 | Uncategorized
Apparently, there’s not even so much as a bubble in today’s market. Len Kiefer, deputy chief economist at Freddie Mac, recently explained to Forbes why the US housing market is not currently encased in such a bubble. “A bubble has three defining characteristics: price...
by mdibrino@hqmloans.com | May 30, 2023 | Uncategorized
Read next: Not all bank failures are the same, broker says People familiar with the decision told Bloomberg the exact number of workers affected by the move is unclear, but the unit’s managing director, Michael Sudnow, is among those leaving the bank. “We are fully...
by mdibrino@hqmloans.com | May 30, 2023 | Uncategorized
Back to square one It was time to rebuild. “I did a little sabbatical for about a year in New Mexico,” he said. “I had to live with my parents, and they helped me with my kids. I had four kids. They crashed with me. We all crashed together!” he said, now able to laugh...
by mdibrino@hqmloans.com | May 30, 2023 | Uncategorized
The wholesale mortgage lender has also expanded its Conventional 1% Down product, allowing borrowers with less than 80% of the area median income (AMI) to qualify. Eligible borrowers will put down 1% of the loan towards their down payment, and UWM will then pay a 2%...
