One of the most important missions for today’s mortgage loan originators is empowering people and communities in the journey to homeownership. To succeed, we must address the unique challenges facing the Hispanic community, one of the largest and fastest-growing demographic groups in the country.
Tag: Down Payment Assistance
Rob Chrane From Down Payment Resource: Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource’s Rob Chrane–Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource’s Rob Chrane: Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource: Housing Authorities Roll Out New Homebuyer Assistance Programs
Homebuyer assistance program administrators are responding to the mounting home affordability crisis by rapidly rolling out new homebuyer assistance programs and funding buydowns, according to Down Payment Resource, Atlanta.
Tai Christensen of CBC Mortgage Agency: Solutions to Appraisal Bias
Tai Christensen is Diversity, Equity and Inclusion Officer and Director of Government Affairs for CBC Mortgage Agency, South Jordan, Utah, a national down payment assistance provider, and has 17 years’ experience in the mortgage industry.
Bruce Schultz of Gateway First Bank: Promoting Affordable Homeownership in the Age of COVID
The COVID-19 pandemic presents residential mortgage lenders with an opportunity to expand their role in a critically needed area of community development – advancing affordable homeownership.
Industry Briefs Dec. 20, 2021: Clear Capital Launches ClearPhoto
Clear Capital, Reno, Nev., launched ClearPhoto, a set of AI-driven rules built into ClearCollateral Review, automating the review of property photos and ensuring they are aligned with the appraisal data and sketch.
Richard Ferguson: What We Can Do to Help Close the Homeownership Wealth Gap
Even when minorities do become homeowners, research shows that homeownership delivers fewer benefits than it does for white families—including significantly less home equity. Yet there are steps we as an industry can take toward leveling the playing field.
Richard Ferguson: What We Can Do to Help Close the Homeownership Wealth Gap
Even when minorities do become homeowners, research shows that homeownership delivers fewer benefits than it does for white families—including significantly less home equity. Yet there are steps we as an industry can take toward leveling the playing field.