Loan Archives - Page 23 of 23

Loan

Newfi Lending announces proprietary product expansion

Shehryar JoyiaMay 3, 2024

Pat Doyle, president of Newfi Investment Group, and co-creator of EquityChoice, said the product had seen significant interest from buyers. “We've seen broad based interest in EquityChoice from borrowers seeking...

Loan

Unemployment rises as jobs growth falls to six-month low

Shehryar JoyiaMay 3, 2024

Mortgage Bankers Association vice president and deputy chief economist Joel Kan said the report indicated “a little less strength than expected,” and said the slowdown would likely ease upward pressure...

Loan

Are homebuyers now undaunted by high mortgage rates?

Shehryar JoyiaMay 2, 2024

Yes, rates have risen plenty since the lows of the pandemic – but delving into what the monthly payment will look like often sets borrowers’ minds at ease, she said,...

Loan

Real estate, mortgage industry react to Fed’s policy announcement

Shehryar JoyiaMay 2, 2024

“Slowing the rate of balance sheet shrinkage, which is what the Fed decided to begin doing in June, equates to a slight loosening of monetary policy. It is, however, a...

Loan

FHA tightens rules to combat mortgage appraisal bias

Shehryar JoyiaMay 2, 2024

The Federal Housing Administration (FHA) has published new standards aimed at strengthening safeguards against unlawful discrimination in residential property appraisals. The new standards, Mortgagee Letter 2024-07, enhance the FHA's existing...

Loan

Real Brokerage welcomes Village Premier to its private label program

Shehryar JoyiaMay 2, 2024

“The private label program was designed for brokerages like Village Premier Collection that have built successful businesses on their own, but that will benefit from the resources of a larger...

Loan

Professions and skill sets brokers can target to generate new investor leads

Shehryar JoyiaMay 2, 2024

Accountant/Financial Advisor In terms of professions that check both boxes as it pertains to financials and skill set, accountants or financial advisors could be the perfect person to entice to...

Loan

Xactus promotes leader to SVP of business development

Shehryar JoyiaMay 2, 2024

“She ensures lenders understand and properly use these tools so they can gain important insights about specific properties and the surrounding market for various loan scenarios including conventional, HELOCs, new...