“This was the slowest rate of [wage] growth since August 2021. The easing in wage growth might help reduce some inflationary pressure, but we expect the Federal Reserve to continue its current course of policy tightening until there is broader evidence of cooling inflation.”
–Joel Kan, MBA Vice President and Deputy Chief Economist.
Click n’ Close, Addison, Texas, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, launched SmartBuy, a suite of loan programs designed to give low and moderate-income homebuyers an advantage.
While any new construction loan destined for sale to a GSE can be a one- or two-time close, lenders can decrease risk by focusing the right resources on the initial underwrite as well as the final review.
Mark Tribuna is the senior advisor for CRA Note Exchange offered by CBC Mortgage Agency, a national provider of down payment assistance for low- and moderate-income homebuyers.
Click n’ Close, Addison, Texas, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, launched SmartBuy, a suite of loan programs designed to give low and moderate-income homebuyers an advantage.
Adaptive reuse apartments–other property types converted into apartments–have jumped 25% compared to pre-pandemic levels, reported RentCafe, Santa Barbara, Calif.
In the third of four major jobs reports this week, the Labor Department on Thursday reported initial claims for unemployment insurance fell by 1,000 last week, reflecting continued strong demand for jobs despite inflation pressures.
Greystone, New York, provided $33.4 million in HUD-insured 223(f) loan to refinance two Michigan properties.
While any new construction loan destined for sale to a GSE can be a one- or two-time close, lenders can decrease risk by focusing the right resources on the initial underwrite as well as the final review.
MISMO®, the real estate finance industry standards organization, seeks public comment on a new Bids Wanted in Competition dataset, which allows mortgage originators and dealers to automate the bidding process for mortgage-backed-securities.
