Company CEO Dan Perl said the privately held nonbank has been receiving several applications for loan amounts ranging from $2.1 million to $2.7 million...
According to one published report, Gov. Andrew Cuomo is considering John Coffey as the next superintendent for New York Department of Financial Services.
Lenders have slowly loosened underwriting standards since the third quarter of 2013, with the credit expansion largely focused on the agency market, according to a new analysis by the Urban Institute’s Housing Finance Policy Center. Actions by the government-sponsored enterprises and the FHA to address buyback risk appear to have helped prompt lenders to loosen underwriting standards on agency loans. The HFPC’s credit availability index tracks ...