Delinquencies inched up slightly in the first quarter, despite remaining near historic lows. Meanwhile, loan forbearances rose while modifications declined.
The anonymized data from the voluntary survey give multifamily property owners insight into how their energy and water use compares to similar properties in other parts of the country.
Artificial intelligence can cut down on “stare and compare” tasks. But mortgage originations are so complex, and anxiety-provoking for borrowers, that humans are essential.
Low-income borrowers could divert some of their downpayment funds to a reserve account that would pay loan costs during emergencies in a pilot program proposed by the Urban Institute.
After deploying new solutions for the non-QM market, Maxex has partnered with South Street Securities Holdings and Atlas Merchant Capital for a new equity investment round.
Netherlands-based Anyone.com is the latest to throw its hat into the growing shared-ownership mortgage space. Its goal is to stretch available financing to assist as many homebuyers as possible.