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.
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Home sales, which increased more than 6% in 2021 to a 15-year high, will remain strong this year — supported by solid demographic trends and an expected increase in homes for sale, according to the winter edition of The Housing and Mortgage Market Review from Arch Mortgage Insurance Co., Greensboro, N.C.
LRES Corp., Orange, Calif., signed a definitive agreement to acquire Keystone Asset Management Inc., a Pennsylvania corporation. The deal is expected to be completed September 1, and the joined companies will operate under the LRES Corporation name.
HUD issued a news release this month marking National Homeownership Month, recognizing the importance of homeownership and its impact upon the lives of American families, local neighborhoods and the national economy.