LoanNex reported an increase in non-QM pricing scenarios in October as borrowers are more willing to lock loans in the current interest rate environment.
The FHFA increased the baseline conforming loan limit by 5.6% for 2024, while new research finds increasing conforming loan limits impacts home prices and loan volumes.
LendSure’s reverse 1031 exchange with bridge loan program offers investors the chance to defer capital gains taxes when selling one investment property and buying another.
Regional banks with strong local branch networks can price their loans at higher interest rates compared to national lenders that securitize their originations, according to a new research paper.
FHA lacks sufficient safeguards to monitor its lenders and servicers and to prevent ineligible loans and claims in its mortgage insurance program, according to the HUD’s Office of Inspector General.
The revisions would increase the maximum allowable rehabilitation costs for a limited loan, update the rehab period for both standard and limited loans, and allow higher fees for program consultants.
An appeals court’s decision in Show Me State Premium Homes v. McDonnell has introduced uncertainty regarding the insurability of title following a nonjudicial foreclosure tied to an FHA-insured property.
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