HUD says policy change is intended to help more first-time homebuyers, seniors, and inter-generational families tap the wealth building potential of homeownership
'Buy before you sell' product is the first offering in a phased rollout following 2 rounds of layoffs, with plans to offer a full suite of Flyhomes products, including cash offer services
Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac's 2024 loan limits
Between 2018 and 2020, Fannie and Freddie purchased close to 600 shared equity loans, before realizing that current regulations might prohibit them from doing so
SECU of Maryland is the fifth credit union to sign with Newzip, which helps more than 20 lenders court homebuyers by offering them discounts when they agree to work with preferred agents
Although the timeline is uncertain, the nation's most populous state is on track to fall in line with 44 others that allow online notarization, a process that can speed real estate closings
The third round of layoffs in the last 12 months takes effect Nov. 7 and affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80% of the area median income
To qualify for grants being made through Wells Fargo's existing Special Purpose Credit Program, homebuyers can't earn more than 120% of the area median income
San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a 'cash-equivalent offer' on their next home with real estate agents of their choice
Keep your deals moving forward and your clients happy with these 9 practices for efficient transaction management
Former Keller Williams Realty exec's startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better
Tune in for an educational class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions
Subscribe to Inman Access to unlock a guide to better understand the key essentials of buyer consultations and how to utilize circle prospecting to grow your business
Opinion
Question misconceptions and challenge the status quo to put this powerful buyer tool to work for your hopeful clients
