NYMT has restructured its portfolio over the past two years to stop lending for multifamily properties and minimize funding of ground-up construction projects.
Affordable housing advocacy groups may be using defective data to come to their conclusions about first-time homebuyers, according to a newly published research note.
By the second quarter of 2025, more than 50% of mortgages could hold interest rates higher than 4%, according to Mat Ishiba, chairman and CEO of United Wholesale Mortgage.