by mdibrino@hqmloans.com | Apr 18, 2023 | Uncategorized
Last week, President Joe Biden signed a bill ending the COVID-19 emergency declaration. However, homeowners suffering from pandemic-related financial hardships and needing assistance with their mortgage payments can still enroll in a COVID-19 forbearance plan,...
by mdibrino@hqmloans.com | Apr 18, 2023 | Uncategorized
“Builders note that additional declines in mortgage rates, to below 6%, will price-in further demand for housing,” Huey said. “Nonetheless, the industry continues to be plagued by building material issues, including lack of access to electrical transformer equipment.”...
by mdibrino@hqmloans.com | Apr 18, 2023 | Uncategorized
“BCB Capital will now provide our clients an enhanced ability to navigate market conditions to meet their long-term goals. This new effort further augments BCB’s reputation as an accretive, forward-thinking, innovative lender,” Garcia said. Read next: Tips...
by mdibrino@hqmloans.com | Apr 17, 2023 | Uncategorized
“The uptick in volume provides opportunity,” UWM chief people officer Laura Lawson told the Detroit Free Press in an interview. In the third quarter of 2022, UWM surpassed Rocket as the largest residential originator in the United States as it gained more purchase...
by mdibrino@hqmloans.com | Apr 17, 2023 | Uncategorized
Indeed, United Wholesale Mortgage (UWM) last week unveiled its Conventional 1% Down product that will enable homebuyers to purchase a home with a down payment of just 1%. “We are bringing back the Conventional 1% Down to give independent mortgage brokers a competitive...
