Vice Capital Markets, Novi, Mich., released an integration with Freddie Mac’s Income Limits application programming interface. The API grants Vice Capital customers access to area median income information to determine if a loan meets the AMI percentage eligibility criteria for certain Credit Fee Caps.
Tag: Guaranteed Rate
Industry Briefs Apr. 14, 2023: FHA Extends COVID-19 Forbearance, HECM Extension Policies through May 31
The Federal Housing Administration published Mortgagee Letter 2023-08: Extension for COVID-19 Forbearance and COVID-19 Home Equity Conversion Mortgage Extensions, setting May 31 as the final date for borrowers requesting a COVID-19 forbearance or a COVID-19 Home Equity Conversion Mortgage Extension.
Industry Briefs Oct. 6, 2022: HUD Allocates $28M to Fight Housing Discrimination
HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.
Industry Briefs Jan. 12, 2021
Verus Commercial Real Estate Finance, New York, launched a new product for financing of Single-Family Home Rental Portfolios.
MBA Annual20: What 2020 Has Taught Us About Technology
Higher volume, lower interest rates and social distancing are changing customer expectations and mortgage industry technology.