Housing Wire
MARCH 4, 2021
Multifamily property owners who are struggling to make mortgage payments due to the coronavirus pandemic now have a reprieve through the end of June for mortgages backed by Fannie Mae and Freddie Mac , the Federal Housing Finance Agency announced on Friday. 22, the Mortgage Bankers Association estimates 2.6
Housing Wire
SEPTEMBER 6, 2022
The racial homeownership gap between Black and white Americans is wider than it was in 1960, and a combination of higher mortgage interest rates, rising home prices and an antiquated model for evaluating consumers’ ability to repay is exacerbating the problem. Utilizing ATP gives lenders the best of both worlds.
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Housing Wire
MARCH 17, 2022
Figure , a blockchain-focused financial service company and Apollo , a global alternative asset manager, announced today completing a transaction involving the origination of digital mortgage loans and transfer of ownership via blockchain technology, according to a press release shared with FinLedger.
Housing Wire
JULY 20, 2022
How to minimize tenant turnover using online property management tools. Turnover is a huge expense for landlords and property managers across the world. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.
Housing Wire
DECEMBER 21, 2020
The most common form of assistance for renters during the pandemic, according to the National Association of Realtors (NAR), was from landlords allowing tenants to miss months worth of rent payments. Landlords offered rent payment options to 64% of respondents, while 36% said they weren’t offered anything, the trade group said.
Housing Wire
SEPTEMBER 20, 2023
The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. In fact, mortgage applications picked up in the week leading up to the Fed meeting, signaling a wave of optimism. The CME FedWatch Tool showed a 99% chance the Fed would halt its hikes to the 5.25
Housing Wire
DECEMBER 22, 2020
The housing and mortgage industry welcomed yesterday’s announcement of a second round of stimulus payments to citizens, set at $600 per person and potentially arriving as early as next week, according to Treasury Secretary Steven Mnunchin.
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