Housing Wire
JANUARY 24, 2024
New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. billion in loans, down 25% year over year, according to Inside Mortgage Finance estimates. In the mortgage space, TD Bank was a top-35 U.S.
Housing Wire
MAY 10, 2024
During the meeting, NAR’s board approved a recommendation from its finance committee to keep annual dues at $156 per person in 2025. In 2023, NAR announced a policy change that allows the finance committee to use the Consumer Price Index (CPI) “as a guide” to help it recommend an annual dues amount to the board of directors.
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Housing Wire
FEBRUARY 20, 2024
million Americans will turn 65 this year, a surge that is expected to continue through at least 2027. While significant disparities exist, the median net worth of those 65 to 74 was $410,000 in 2022, up from $282,270 in 2010 in inflation-adjusted 2022 dollars,” according to the Federal Reserve’s Survey of Consumer Finances.
Housing Wire
FEBRUARY 7, 2024
Described as a “blueprint” for the GSEs’ 2025–2027 “Duty to Serve” plans, the publication aims to highlight a more important role that Fannie and Freddie are set to play in facilitating access to the U.S. mortgage finance system. Better loan products to serve “high-needs rural regions” should also be developed.
Housing Wire
FEBRUARY 9, 2024
million every year — from 2024 through 2027, according to estimates from the Retirement Income Institute at the Alliance for Lifetime Income ,” the story stated. retirement age, and whether or not it needs to change, according to a report from CNBC. More than 11,200 Americans will turn 65 every day — or over 4.1
Housing Wire
MARCH 14, 2024
“During the fourth quarter, Blend prepaid $85 million of its term loan balance and amended the maturity date to provide for a one-year extension to 2027, provided we meet certain conditions,” said Amir Jafari, Blend’s head of finance and administration.
Housing Wire
APRIL 26, 2022
A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. trillion and is projected to exceed $32 trillion in value by 2027.
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