As-is Pre-approval Principal 
Housing Wire
SEPTEMBER 17, 2024
David Berenbaum, HUD’s principal deputy assistant secretary of housing counseling, lauded the partnership for its potential to meet HUD’s counseling goals. “We The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S.
Housing Wire
NOVEMBER 9, 2022
According to Black Knight’s mortgage monitor report, the country’s housing equity position remains strong compared to its position at the beginning of the pandemic, with equity positions $5 trillion, or 46%, above pre-pandemic levels. Borrowers apply for a set amount of money that they need and receive that money as a lump sum if approved.
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Housing Wire
JULY 21, 2022
“With respect to nonagency loans and non-QM loans, warehouse lenders will finance between 90% and 95% of the original principal amount of the loan, which requires [FGMC] to use working capital to fund the remaining portion of the principal balance of the mortgage loans,” states a declaration filed with the court by FGMC CEO Aaron Samples. “As
Housing Wire
MARCH 3, 2022
The modification must be made no later than 18 months after the date in which the COVID-19 national emergency ends, without VA pre-approval. The option allows the VA to purchase a borrower’s forbearance indebtedness amount, up to 30% of the unpaid principal balance of the VA-guaranteed loan. Meanwhile, as of Jan.
Housing Wire
AUGUST 4, 2022
The acquisition is slated to close in 2023, subject to customary closing conditions and regulatory approvals. Once finalized, the acquisition of RoundPoint is expected to provide Two Harbors with annual annual pre-tax earnings of about $20 million, according to Two Harbors. million premium. Presented by: Newbold. ranked 10th, with a 2.7%
Housing Wire
JUNE 16, 2022
Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. neighborhood, housing market, Fall, homes, new house sales, forbearance. The consumer-price index rose 8.6% Labor Department. A less volatile market?
HomeLight
DECEMBER 27, 2023
Your monthly mortgage payment has two main components : the principal (the amount you’ve borrowed) plus interest (the lender’s charge for lending you money), according to the Consumer Financial Protection Bureau (CFPB). You can close with your proceeds in as few as 10 days, compared to the months it often takes to sell the traditional way.
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