2025 Contracts Development Lending 
Housing Wire
NOVEMBER 16, 2023
Nonbank originator Change Lending and the U.S. Department of the Treasury have agreed to settle a lawsuit in which the lender claims “flawed analysis and mathematical errors” led to its decertification as a Community Development Financial Institution (CDFI).
Housing Wire
NOVEMBER 3, 2023
Non-bank originator Change Lending will continue to originate non-qualified mortgages ( non-QMs ) for underserved borrowers after it reached a tentative deal with the U.S. Department of Treasury that would keep the firm certified as a Community Development Financial Institution (CDFI).
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Housing Wire
MAY 15, 2024
The plan makes four key recommendations, one of which is the development of a new liquidity facility for Ginnie Mae issuers that would “facilitate servicer advances/pool buyouts,” the plan explained. Finally, flexibilities afforded to other federal agencies should be extended to Ginnie Mae to enable quicker hiring and contract procurement.
Housing Wire
FEBRUARY 23, 2024
Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.
Will Springer Realtor
APRIL 9, 2024
In turn, consumers experience the trickle-down effect in the form of costlier lending rates when holding credit card debt or purchasing cars and homes. New listings (+17%), available homes at the start of April (+5.0%) and listings going under contract – also known as Pending sales – (+24%) were solidly higher when comparing month to month.
Appraisal Today
FEBRUARY 2, 2024
The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.61
Appraisal Today
APRIL 19, 2024
The transformation is required at the end of 2026 with testing beginning late 2025. Ernie is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. Private Money Lending – fast turn times, high fees. Meet in person. percent from 7.01
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