by mdibrino@hqmloans.com | Apr 20, 2023 | Uncategorized
“Having Roxanne certified to offer HECM Reverse Mortgages is exciting for us as we at Fairway believe reverse mortgages are an underutilized tool in retirement planning,” Heichel added. Over the past few months, the retail lender has brought in new hires to its...
by mdibrino@hqmloans.com | Apr 19, 2023 | Uncategorized
Regulations implementing the 1994 Riegle Community Development and Regulatory Improvement Act, as drafted by the CDFI Fund, define Target Population as, “…individuals, or an identifiable group of individuals, who… lack adequate access to Financial Products and...
by mdibrino@hqmloans.com | Apr 19, 2023 | Uncategorized
Helping with affordability He added the program was designed not only to help those needing assistance the most, but brokers as well: “At a high level, we remain focused on helping more borrowers – including those who need affordability assistance to achieve the dream...
by mdibrino@hqmloans.com | Apr 19, 2023 | Uncategorized
Fannie Mae chief economist Doug Duncan said the latest reading puts first-quarter construction moderately above their forecast as demand for housing proves to be more resilient than they had previously expected. “The supply of existing homes remains constrained both...
by mdibrino@hqmloans.com | Apr 19, 2023 | Uncategorized
Mortgage applications fell 8.8%, prompting a pullback in application activity, according to the Mortgage Bankers Association’s latest survey for the week ending April 14. Home loan application volume declined 8.8% on a seasonally adjusted, week-over-week basis. When...