While the third quarter will be the true test of the 21st Century ROAD to Housing Act’s impact on investor purchases of single-family homes, indicators show a pullback beginning as it was being debated, Cotality said.But local real estate investors are filling the void, fueling a fresh wave of demand for debt service coverage ratio […]
Cotality: mega investors retreated pre-ROAD act Read More »
California mortgage firm Truss Financial Group announced a pivot into direct lending, making it the latest company this year to make changes in the current business environment that supports operational expansion. Processing Content A specialist in non-qualified mortgages and debt-service coverage ratio loans, Truss will begin serving as a direct lender initially in its home
Non-QM specialist Truss Financial becomes latest broker turned lender Read More »
Fannie Mae and Freddie Mac latest selling guide updates give lenders more leeway in some areas, including the lower-cost factory-built housing market that’s gained some traction because broader home affordability has been under strain. Processing Content Fannie has streamlined Native American conventional loans for previously approved tribes, and Freddie is now buying mortgages financing manufactured
GSE changes, Boxabl pact spur mortgage lending opportunities Read More »