Sat.Sep 10, 2022

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Legacy Home Loans launches SPCP for Black borrowers

Housing Wire

Ben Slayton’s Legacy Home Loans , the largest Black-led mortgage banking firm in the country, has launched a special purpose credit program for prospective Black borrowers in six cities across the country. The SPCP, called “closing the gap,” permits a 1% down payment with a free appraisal, free home warranty program, free homebuying counseling and financial assistance with closing costs.

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How to Ease the Transition to Senior Living

Cleveland Appraisal Blog

Hello everyone! This week I welcome guest blogger Andrea Gibbs. In this article, she offers some tips on how to transition a loved one to senior living. I hope you find her tips to be helpful! Turning retirement from a dream into reality is not an easy feat for seniors. Many transitions and adjustments will take place, including moving away from family and friends, coping with new routines, and learning to manage the daily activities of life.

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Lamacchia Realty Announces Top Producing REALTORS® for August 2022

Lamacchia Realty

Lamacchia Realty, Inc. has released their “Top Producing REALTORS®,” for August 2022! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! August 2022 Winners of the Top 10 for the Company are: Laurie Howe Bourgeois has been a licensed REALTOR® since 2000 and in the customer service industry for 34 years.

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The Best Way to Find Vacation Rentals for Sale in Colorado

Mashvisor

Colorado is one of the best cities in the US for real estate investment. Discover the best tool to find vacation rentals for sale in Colorado.

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Gap Funding: Is Covering Closing Costs Riskier Than You Think?

BiggerPockets

As a private lender, I get the following scenario presented to me almost daily. Let’s set the stage. Someone in your network wants to buy an investment property. Their loan […].

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NEXA, the country’s biggest brokerage, cuts ties with AIME

Housing Wire

NEXA Mortgage, the largest mortgage brokerage in the country, this week cut ties with the Association of Independent Mortgage Experts ( AIME ), claiming the trade group fails to address bullying and lacks proper governance. Mike Kortas, the controversial CEO and co-founder who himself is no stranger to starting online scraps, said other community members, including smaller brokers and AIME’s leaders, have attacked him, his company and loan officers on social media.

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Freddie Mac launches 9th STACR series offering in 2022

Housing Wire

Freddie Mac is unveiling its ninth credit-risk transfer transaction of the year via its Structured Agency Credit Risk (STACR) program — bringing the total note offerings through its two flagship STACR series programs to $12.2 billion so far in 2022. This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion, according to

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