Katrina Wooten signed a contract to buy this home that’s under construction near Gainesville, Fla. Then…
Category: Loans and Mortgage
Mortgage to Rise After Fed Decision, But Home Prices Will Soon Drop
On Wednesday, the Federal Reserve raised federal interest rates by 75 basis points for the fifth…
EMM Loans Partners with SimpleNexus to Drive Operational Efficiency and Boost Loan Revenue
SimpleNexus New Jersey-based lender prepares company-wide launch of Nexus Origination to enhance its customer-focused mortgage experience…
The strategy behind UWM’s multibillion dollar investment
In 2021, United Wholesale Mortgage (UWM) CEO Mat Ishbia set a three-year goal to make UWM…
Here’s Everything Costing More As Fed Raises Interest Rates
Topline The Federal Reserve on Wednesday again authorized one of the biggest interest rate hikes in…
Bank of America to offer zero-down payment mortgages in certain Black and Hispanic communities
CNN — Bank of America is offering zero down payment mortgages with no closing costs for…
Legacy Home Loans launches SPCP for Black borrowers
Ben Slayton’s Legacy Home Loans, the largest Black-led mortgage banking firm in the country, has launched…
No Down Payment, Credit-Score Requirement
Putting together a down payment on a home can be a huge hurdle for some buyers.…
Rocket preemptively raises 2023 conforming loan limits for brokers
The wholesale arm of Rocket Mortgage on Tuesday raised anticipated agency conforming loan limits to $715,000,…