Author name: Ricky Vasquez

United Wholesale Mortgage is running a pricing promotion in honor of its 40th anniversary. Processing Content Under this latest program, UWM 40, mortgage brokers have a 40-basis-point pricing incentive through the end of February on conventional, Federal Housing Administration, Veterans Affairs and U.S. Department of Agriculture mortgages. It can be applied to purchase loans as […]

Walker & Dunlop is partnering with Pretium in a $250 million commitment to affordable multifamily housing. Processing Content Walker & Dunlop Affordable Bridge Capital, the joint venture, will originate flexible, short-term first-mortgage bridge loans for properties being acquired, refinanced or prepared for long-term government-affordable programs, such as low-income housing tax credit, Section 8 and tax-exempt

The Department of Housing and Urban Development will be selling thousands more reverse mortgages that have been called due-and-payable on occupied homes, continuing a practice that began late last year. Processing Content More than 2,500 nonvacant loans with a total principal balance around $730 million are going up for sale on Feb. 10. Until recently, department’s