No More No No Loans? How the NAR Settlement Is Changing the Game for Veterans

No More No No Loans? How the NAR Settlement Is Changing the Game for Veterans

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 »
CFPB Tightening Underwriting For PACE Energy Improvement Loans

CFPB Tightening Underwriting For PACE Energy Improvement Loans

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 »
UWM drops LLPAs on most government loans

UWM drops LLPAs on most government loans

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 »
Next on the road map: Candor automates underwriting for FHA loans

Next on the road map: Candor automates underwriting for FHA loans

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 »
Interest Rate Predictions for Next 5 Years: Mortgages, Loans, & Savings

Interest Rate Predictions for Next 5 Years: Mortgages, Loans, & Savings

The question of where interest rates are headed is a critical one for borrowers, savers, and investors alike. This article dives into expert predictions for the next five years, exploring what the... Read more »
DOJ, Nutter Home Loans reach .4M settlement over False Claims Act allegations

DOJ, Nutter Home Loans reach $2.4M settlement over False Claims Act allegations

The U.S. Department of Justice (DOJ) announced this week that it has secured a $2.4 million settlement from James B. Nutter & Co., aka Nutter Home Loans, to resolve allegations that the... Read more »
Commercial real estate still has some stress to come and loans to be worked out

Commercial real estate still has some stress to come and loans to be worked out

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Gil Borok, Colliers U.S. and Latin America CEO, joins ‘Money Movers’ to discuss if Borok thinks rate cuts mark... Read more »
Program offers Long Beach homeowners low-interest loans to build ADUs

Program offers Long Beach homeowners low-interest loans to build ADUs

Eager to boost the supply of affordable housing, city officials in Long Beach devised a program that could help a limited number of homeowners build an extra unit on their land. But... Read more »
DOJ, Nutter Home Loans reach .4M settlement over False Claims Act allegations

Carlyle to buy up to $300M of equity sharing home loans from Unison

Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. Carlyle also made a strategic investment into the San Francisco-based... Read more »
DOJ, Nutter Home Loans reach .4M settlement over False Claims Act allegations

First-time homebuyers made up a record share of agency purchase loans in 2023

First-time homebuyers made up 55% of agency purchase mortgages in 2023, according to Intercontinental Exchange (ICE) eMBS data, the highest such share in the 10 years ICE has been tracking the metric. ... Read more »