After several delays, the government’s crisis-era Home Affordable Refinance Program was finally set to expire next month, until the Federal Housing Finance Agency announced Thursday that it’s extending the HARP deadline until the end of 2018. So what’s the impact of the change? Not much, unless there’s another housing crisis, Wells Fargo said in a… Continue reading Wells Fargo: Here’s the impact of HARP extension, GSEs’ new high-LTV refi program
In his response to the hate crimes that recently took place in Charlottesville, Virginia, HUD Secretary Ben Carson revealed his family home was also recently vandalized with anti-Trump rhetoric. Dr. Carson also added that his neighbors took “the high road” and stepped in to help clean up.
Lender TowneBank Mortgage recently completed integration with HousingWire 2017 Tech100 winner LodeStar Software Solutions. TowneBank’s recent integration with LodeStar Software Solutions now enables its employees to instantly obtain quotes through Ellie Mae’s all-in-one mortgage management solution, Encompass.
Freddie Mac announced it is extending its program which cuts appraisers out of the mortgage process to purchase loans in order to create a better experience for lenders and homebuyers. The company estimates this could save borrowers an estimated $500 in fees and cut closing times by about 10 days.
As California moves into the second half the year, home sales are projected to cool down, according to the latest report from the California Association of Realtors. The forecast comes after a year already plagued with low housing inventory and rising home prices.
[Commentary] Over the last five years, cash buyers – most of whom are out-of-state investors looking to convert homes into rental properties – have begun to disrupt the loan-dominated financing model and give families looking to buy homes a real run for their money. And most of the homes they are taking are the ideal… Continue reading Here are 6 ways for you to win a loan-backed bid in a sea of cash buyers
Wells Fargo is committing $4.8 million to help increase homeownership in the Denver-Aurora area as part of partnership with NeighborWorks America and its network member Community Resources and Housing Development Corporation.