Loan Archives - Page 9 of 23

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Fannie Mae: Increased listings to temper home price growth in 2024

Shehryar JoyiaJune 7, 2024

Duncan explained, “Listings have trended generally upward of late, suggesting to us that a rising number of current homeowners can no longer put off moving. However, we believe the ongoing...

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Mortgage broker frauds: Here’s how to avoid them

Shehryar JoyiaJune 7, 2024

Disqualification from managing corporations Most countries have regulatory bodies with the power to disqualify individuals from managing corporations if they are found to have engaged in fraudulent activities. This disqualification...

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Dealing with ‘trigger leads’ and soaring loan costs

Shehryar JoyiaJune 6, 2024

“There’s even stories of customers receiving calls from other lenders impersonating the lender that pulled their credit,” he said. “It’s just a bad practice. Nobody likes it. Nobody wants it.”...

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Is America’s urban exodus continuing?

Shehryar JoyiaJune 6, 2024

Trend surged at height of COVID-19 pandemic Source link

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Minnesota law bans predatory real estate contracts

Shehryar JoyiaJune 6, 2024

The ALTA, along with AARP and the Minnesota Land Title Association, applauded passage of the legislation, which also allows the state attorney general to pursue restitution against firms using such...

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Residential mortgage lending plunges to 23-year low

Shehryar JoyiaJune 6, 2024

All major mortgage categories declined in the first quarter, the data showed. Purchase loans fell 9.9% from the prior period to around 565,000, while refinance deals dipped 1.9% to 491,000....

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Single-family construction surges amid multifamily slowdown

Shehryar JoyiaJune 6, 2024

Single-family permits rose 23.8% year-over-year in Q1 to around 240,500 units, with growth occurring across all major regional markets. In contrast, all multifamily regional permit metrics declined on an annual...

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Summit Funding accelerates national expansion with seasoned hires

Shehryar JoyiaJune 6, 2024

Boston-based Rui Chaves, with over 20 years of experience in financial lending and mortgage, has joined Summit Funding to spearhead its growth in the Northeast. “New England is a tough...

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Experts warn of ‘human extinction’ if risks of AI ignored

Shehryar JoyiaJune 5, 2024

Risks to AI The signatories made the call as they pointed out the risks imposed by AI. "These risks range from the further entrenchment of existing inequalities, to manipulation and...