BWE has closed two loans totaling $120,000,000 to refinance the Residence Inn Times Square and the Courtyard by Marriott Long Island City, two major hotels in New York City. Steve Perricone, SVP... Read more »
Affordability pressures, elevated mortgage rates, and homeowner rate lock-in have pushed once-fringe mortgage ideas back into the spotlight. Concepts such as 50-year mortgages, portable mortgages, and assumable loans are being discussed as... Read more »
Signed documents automatically flow back into the system once a closing is completed, reducing manual work, improving accuracy and shortening cycle times, the companies said. America First Credit Union (AFCU) is among... Read more »
Understanding Your Legal Responsibilities When Family Loans Become Estate Issues If you’ve been named as an executor or personal representative in a will, you may face unexpected challenges when dealing with intrafamily... Read more »
“The sustained demand for rental properties, driven by a tight housing market and rising rents, has also fueled investor activity in real estate, making DSCR the preferred financing tool for these investments.... Read more »
You know, for a long time, if you were looking to finance an investment property, especially if you were self-employed or ran your own business, it felt like you were stuck between... Read more »
For years, veterans and active-duty military personnel enjoyed one of the best deals in real estate: the “No-No” VA loan—no down payment, no private mortgage insurance (PMI), and, until recently, no hassle... Read more »
Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The... Read more »
Top U.S. wholesale lender United Wholesale Mortgage (UWM) has taken another aggressive move related to its product set, underscoring its strong commitment to government-backed loans. On Wednesday, the company announced the removal... Read more »
Mortgage tech firm Candor Technology has expanded its Loan Engineering System (LES) to include Federal Housing Administration (FHA) loans. The company now fully automates underwriting decisions for FHA loans — minus collateral... Read more »