A bipartisan bill introduced last week in the U.S. House of Representatives seeks to address the nation’s housing shortage by expanding financing options for accessory dwelling units (ADUs). Reps. Sam Liccardo (D-Calif.) and Andrew Garbarino (R-N.Y.) unveiled H.R. 4568 — the Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act. The proposed legislation would […]

Seattle-based HomeStreet Bank has agreed to sell its $794 million Ginnie Mae loan servicing portfolio to an undisclosed “experienced” buyer, the company announced in a regulatory filing. The transaction is scheduled to close on August 1.  “As HomeStreet carried this servicing portfolio at current market value at June 30, 2025, no gain or loss is

A new lender says it can give a company’s employees up to 75 basis points off their interest rate through its mortgage benefits program.  Multiply Mortgage, founded in 2022, says the average worker utilizing its perks saves up to $5,700 per year, relative to home loan offers they were comparing the offer to. The broker