2020 Lending Local Properties Mortgage 
Housing Wire
MARCH 10, 2022
How much does a typical low-income first-time homebuyer with a Fannie Mae -backed mortgage bring to the closing table? The typical low-income first-time homebuyer with a Fannie Mae-backed mortgage also has a 747 credit score, the research paper shows. In 2020, about 4% of Fannie Mae-acquired purchase loans went to Black borrowers.
Boston Appraisal
NOVEMBER 6, 2020
As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.
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Boston Appraisal
NOVEMBER 6, 2020
As of the end of October 2020, interest rates on a 30-year refinance mortgage were averaging around 3.2%. Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number.
Housing Wire
MAY 25, 2021
Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In 2020, the use of “blind” appraisal waivers reached staggering, record highs. Real estate agents in particular understand local properties extremely well.
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