The current groundswell of interest in down payment assistance is a silver lining for lenders amid stormy market conditions, creating an opportunity to answer the GSEs’ calls for greater housing equity while building revenue and lasting customer relationships in a tough mortgage market.
Tag: Down Payment Resource
Rob Chrane of Down Payment Resource: The Time is Right for Homeowner Assistance
The current groundswell of interest in down payment assistance is a silver lining for lenders amid stormy market conditions, creating an opportunity to answer the GSEs’ calls for greater housing equity while building revenue and lasting customer relationships in a tough mortgage market.
Rob Chrane of Down Payment Resource: The Time is Right for Homeowner Assistance
The current groundswell of interest in down payment assistance is a silver lining for lenders amid stormy market conditions, creating an opportunity to answer the GSEs’ calls for greater housing equity while building revenue and lasting customer relationships in a tough mortgage market.
Industry Briefs Oct. 25, 2022: NewDay USA to West Palm Beach?
NewDay USA, Fulton, Md., is expanding and taking occupancy with 250 employees in the top two floors of 360 Rosemary, a 20-story, 297,000-square-foot office building in West Palm Beach, Fla.. In addition, the company is in negotiations with Related Co. to relocate its Maryland-based headquarters to West Palm Beach.
Industry Briefs Sept. 16, 2022: HUD Announces $12.5 Million Funding Opportunity to Expand Access to Affordable Homeownership
HUD announced availability of $12.5 million through the Self-Help Homeownership Opportunity Program for eligible national and regional non-profit organizations and consortia with experience providing or facilitating self-help housing opportunities.
Analysis: 1/3 of Declined Mortgage Applications Addressable with Homebuyer Assistance
Down Payment Resource, Atlanta, said its analysis of mortgage loan applications found nearly one-third of declined mortgage loan applications are both declined for reasons that can be addressed with homebuyer assistance and eligible for homebuyer assistance programs.
Industry Briefs May 19, 2022: Narrow Gauge Capital Acquires Inco-Check LLC
Inco-Check LLC, Boston, announced Narrow Gauge Capital completed acquisition of a majority interest in the company.
Industry Briefs May 12, 2022: Planet Home Lending to Acquire Homepoint Correspondent Assets
Planet Home Lending LLC, Meriden, Conn., entered into a definitive agreement to acquire certain assets of the delegated correspondent channel of Home Point Financial Corp., a mortgage originator and servicer and a subsidiary of Homepoint Capital Inc.
Industry Briefs Apr. 28, 2022: FHFA Announces GSEs’ Duty to Serve Plans for 2022-2024
The Federal Housing Finance Agency published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve Program., which outline the government-sponsored enterprises’ commitment to serving manufactured housing, affordable housing preservation and rural housing.
Housing Market Roundup Apr. 21, 2022
Here is a summary of housing/economic stories that recently came across the MBA NewsLink desk: