First-time home buyer program reform is the focus of new legislation

June 8, 2023by

A bipartisan bill introduced in the Senate Tuesday seeks to streamline two programs for first-time home buyers, which are...

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FHA handbook with reverse mortgage policy changes is coming soon

June 7, 2023by

Changes to the Federal Housing Administration (FHA)’s Single Family Housing Policy Handbook 4000.1, which incorporates reverse mortgage guidance and...

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HomeTown Lenders not paying rent, utilities, employees allege

June 7, 2023by

William Taylor, the CEO of Huntsville, Alabama-based HomeTown Lenders, published a video on the company's intranet in late May...

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From faxes to AI: Tavant listening to underwriters to develop new platform

June 7, 2023by

Now, AI is not the future of the mortgage industry – it is the present. Shannon Johnson (pictured), product manager...

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United Wholesale Mortgage terminates MSU sponsorship

June 7, 2023by

United Wholesale Mortgage CEO Mat Ishbia may no longer financially support Michigan State University (MSU) athletes to “avoid conflict”...

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First annual house price fall for 11 years – Halifax

June 7, 2023by

House prices fell by 1% over the past year — the first annual decline for 11 years — according...

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Affordability pressures impact Q1 mortgage lending

June 7, 2023by

UK Finance’s Household Finance Review for first quarter 2023 reveals that squeezed budgets and higher financing costs are bearing...

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Bridging loans see strong growth despite tough climate

June 7, 2023by

Bridging lending continued to grow in the first quarter of 2023, despite an economic slowdown and a more subdued...

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Mortgage lending falls in Q1 as affordability pressures increase

June 7, 2023by

UK Finance’s Household Finance Review for first quarter 2023 reveals that squeezed budgets and higher financing costs are bearing...

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Halifax data shows first annual house price fall for 11 years

June 7, 2023by

House prices fell by 1% over the past year — the first annual decline for 11 years — according...

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