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Cause for concern? FHA, VA delinquencies are rising quickly

Housing Wire

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024. Department of Veterans Affairs loans. And likewise, it’s gone up for VA.

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First-time homebuyers becoming first-time home sellers

Housing Wire

Whatever that looks like, they’re kind of maxing out with the debt-to-income ratio. They’re getting a loan. It could be something like having a special loan with a lower rate for those buyers. They’re not leaving a lot of room for repairs or just having savings and things like that.

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HPC: Delaying final QM Rule “not in public interest”

Housing Wire

The final rule established a pricing threshold that effectively replaced the debt-to-income limit of 43% with a price-based approach that gives lenders relief for loans capped at 150 basis points above the prime rate. Presented by: Proctor Loan Protector. “As

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The emerging ESG market is a diamond in the rough

Housing Wire

The platform currently offers two ESG mortgage programs — one focused on green home loans, called MAXEX Sustainable ; and the second, MAXEX Opportunity , serves minority, women and veteran-owned mortgage lenders and is focused on the socially responsible part of ESG. Slump added. That’s been an obstacle,” he said.

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Bridge Loans in Phoenix: How to Unlock Home Equity to Buy Before You Sell

HomeLight

A bridge loan could be the solution youre looking for. Buy Before You Sell What is a bridge loan, in simple words? A bridge loan is a short-term loan that helps you buy a new home while youre still in the process of selling your current one. The lender handling your new mortgage will often also offer a bridge loan option.

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Bridge Loans in NYC: How to Unlock Home Equity to Buy Before You Sell

HomeLight

A bridge loan could be the piece that helps everything come together. This short-term loan is designed to help you buy your next home first, and then sell your current home afterward. In this guide, well break down how bridge loans work in NYC and when it might make sense to use one. How does a bridge loan work in NYC?

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Bridge Loans in Las Vegas: Unlock Your Equity to Buy Before You Sell

HomeLight

A bridge loan might be the solution youre looking for. Buy Before You Sell What is a bridge loan, in simple words? A bridge loan in real estate is a short-term loan that helps you buy a new home while youre in the process of selling your current one. What are the benefits of a bridge loan in Las Vegas?

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