Housing Wire
JANUARY 30, 2024
About 10,000 Americans turn 65 each day and all boomers will reach that milestone by 2030, according to census data. Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability.
Housing Wire
AUGUST 3, 2021
Rocket Companies , parent of Rocket Mortgage , has its eyes on the solar energy industry, announcing this week that it will enter the green energy game by 2022. The study also found that solar accounted for 43% of all new electricity-generating capacity added in the nation last year and predicted that the solar market will quadruple by 2030.
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Housing Wire
NOVEMBER 23, 2021
The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. Homeowners will secure mortgages to finance their homes which can then be used as comparable sales for financing of nearby homes.
Housing Wire
JULY 1, 2021
Nationwide, Redfin reported that 16% of Black Americans who apply for mortgages are rejected, compared with 7% of white Americans. The CFPB found that lenders engaged in deceptive business practices, including violations of the Truth in Lending Act and the Equal Credit Opportunity Act, and provided inaccurate data on mortgage loans.
Housing Wire
MARCH 28, 2024
Then, they think about the mortgage : a good rate, good monthly payments, and approval. With all these nuances, it’s unlikely that a centralized production system developed for nationwide usage can eliminate the need to manually enter, for example, borrower information into a proprietary municipal website.
Housing Wire
NOVEMBER 22, 2023
With all these nuances, it’s unlikely that a centralized production system developed for nationwide usage can eliminate the need to manually enter, for example, borrower information into a proprietary municipal website. Real estate will look different in 2030, perhaps even in 2024. Anton Tonev is the cofounder of InspectHOA.
Housing Wire
NOVEMBER 29, 2021
The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. billion, compared to $49.69
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