Mortgage brokers are tired of the dialogue around elevated interest rates. “It is what it is,” some say, emphasizing that other factors – such as changes in policy at the Federal Housing Administration — are having a more notable impact on their business and the consumers they serve. At UWM’s Live! event last week, more […]
Mortgage brokers say FHA changes, inventory are key hurdles Read More »
Al Drago/Bloomberg Banks could soon be able to position assets as collateral to both the Federal Reserve’s discount window and the Federal Home Loan Bank System. Fed Vice Chair Philip Jefferson, speaking Monday morning at the Federal Reserve Bank of Atlanta’s annual Financial Markets Conference, said closer collaboration between the two emergency lending programs was
Fed exploring Home Loan bank collateral interoperability Read More »
If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It’s something that could help change your child’s life. Since affordability is still a challenge, a lot of first-time buyers are struggling to buy a
You Could Use Some of Your Equity To Give Your Children the Gift of Home Read More »