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The non-QM outlook for 2022

Housing Wire

“The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. Purchase mortgage originations in total are expected to grow 9% to a new record of $1.73 Investor-related loans are also seeing an increase, Lind said. Refinance decline.

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Investor + Flippers Guide to FHA Flipping Guidelines

Listing Spark

The FHA has insured over nine million mortgages since 2009 , and as home prices have climbed higher than ever in the past three years, many prospective homeowners are turning to FHA loans due to the increased assistance and down payment requirements. The mortgage lender will generally decline to approve the mortgage until 90 days have passed.

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Homepoint looks to match broker partners with builders

Housing Wire

Wholesale lender Homepoint is becoming a broker of sorts…for mortgage brokers. The Ann Arbor, Michigan-based company has launched a referral program aimed at connecting mortgage brokers with regional homebuilders as well as homebuyers. The company sold $13.1

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Biden’s plan to fix housing supply depends on Congress

Housing Wire

Another would hand out federal tax credits for developing or rehabbing homes for owner-occupants instead of large investors, making available 125,000 homes for low- and middle-income homebuyers. If you get a higher mortgage rate, there’s still some chance you can refinance out, but the price is baked in.”.

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What Will It Take to Solve the Housing Crisis? 

Appraisal Buzz

In 2021, more than 90% of builders reported backlogs and supply scarcity. COVID-19 caused breakdowns in the supply chain and labor shortages. Mortgage credit is tight, blocking out many potential new buyers. With less confidence, some homeowners turn to renovations on their current homes. Try Upzoning.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

The supply chain, already strained, may come under renewed pressure with threats to shipping lines and air travel. Similar fears exist for the energy supply, equity markets, currencies, electric and internet grids, and defense of nations aligned against Russia. The answer is “very likely, yes.”. behind Denver (64%). >>