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“The COVID-19 pandemic has had disparate economic impacts nationwide, particularly on women who are heads of their households, such as single moms and caretakers…this population’s housing and financial challenges have been further complicated by pandemic-related workplace disruptions and current economic conditions.”
–Pam Perry, Single-Family Vice President of Equitable Housing with Freddie Mac, McLean, Va.

Stanley Middleman of Freedom Mortgage: Let’s Use What We Learned from Past Housing Mistakes

We must remember to encourage people to buy homes they can afford and educate them on the costs that go with owning a home. That includes advising consumers not to borrow as much money as they possibly can, lest they become “house poor” and miss out on being able to create a more financially secure future for themselves and their families.

Jim Freeman of Fiserv: Mortgage Magic in Thinking Big

The truth is, there is magic in thinking big, especially for the mortgage industry and especially now. In fact, viewing the industry with a new perspective can only benefit lenders in this changing market.