This month, we secured underwriting approval on one of the most unique loans I’ve ever worked on: a $4 million non-QM mortgage using crypto asset depletion to qualify. The borrower? A first-time homebuyer buying an $8 million home. But this deal didn’t start with a win. One of the nation’s biggest banks denied him a […]
I closed a $4M crypto asset depletion loan Read More »
Left to right: Kevin Ryan, Shiva Iyer National lender and servicer Pennymac announced the appointment of veteran mortgage leader Kevin Ryan as senior managing director, chief strategy officer. Ryan will soon join the company upon his exit from the role of president and chief financial officer at Better following a brief transitional period at his
Pennymac, Loandepot, Chase make leadership moves Read More »
Colorado’s housing market shows a statewide median list price of $649,900 with 22,890 active listings, according to HW Data. Nearly half of active listings recorded a price reduction during the week. New supply totaled 1,441 listings while 1,869 homes moved under contract. Inventory gives shoppers more choice An active inventory near 23,000 listings expands options
Colorado housing market sees wider price cuts ahead of ski season Read More »