Manufactured housing may not have attracted your interest or investment in the past but with America’s worsening affordability crisis and recent regulatory updates at the federal level, this may be the time to rethink your strategy.
Tag: Down Payment Resource
Rob Chrane & Stacey Epperson: Manufactured Housing, Down Payment Assistance Expanding Affordable Housing Opportunities
Manufactured housing may not have attracted your interest or investment in the past but with America’s worsening affordability crisis and recent regulatory updates at the federal level, this may be the time to rethink your strategy.
Down Payment Resource: Homebuyer Assistance Programs Increase to Highest Count on Record
Down Payment Resource, Atlanta, released its Q2 Homeownership Program Index report, finding that the number of national homebuyer assistance programs has reached the highest count on record–2,415.
Rob Chrane & Chris Mock: Improving Affordability Despite an Uncertain Mortgage Environment
While financial institutions face the challenge of increasing originations and balancing the risk associated with loan affordability, a data-driven approach can help lenders expand the pool of potential borrowers.
Industry Briefs, July 24, 2024
Industry news from the Conference of State Bank Supervisors, Down Payment Resource, Calque, EMM, Greenwoods Financial Group, A&D Mortgage and Ginnie Mae.
Chris Mock & Rob Chrane: Improving Affordability Despite an Uncertain Mortgage Environment
While financial institutions face the challenge of increasing originations and balancing the risk associated with loan affordability, a data-driven approach can help lenders expand the pool of potential borrowers.
People in the News, July 5, 2024
Industry personnel news from Down Payment Resource, the Federal Reserve Bank of Atlanta and Westcor Land Title Insurance Co.
Middle-Class Americans Must Put Down More Than $127,000 to Afford Monthly Mortgage: Zillow
A new Zillow analysis shows that to comfortably afford a typical U.S. home, a median-income homebuyer needs to put down nearly $127,750, or 35.4%.
Industry Briefs, May 21, 2024
Industry news from STRATMOR Group, Teraverde, Gridbase, Westcor, USFN, LoanLogics, Snapdocs, SitusAMC, ICE and Down Payment Resource.
Down Payment Resource Finds 9% Increase in Homebuyer Assistance Programs
Down Payment Resource, Atlanta, reported that 79 homebuyer assistance programs were added in the first quarter, to hit 2,373 total. That’s an increase of 9% year-over-year and the largest annual jump since DPR began compiling the data in Q3 2020.