30-year loans of up to $5 million provided by Florida-based Milo Credit LLC allow investors to avoid capital gains taxes — and don’t require down payments, credit scores or U.S. citizenship. Continue reading
After unloading $218 million in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals “are certainly tough right now.” Continue reading
Rising interest rates and a shrinking branch network are cutting into Wells Fargo’s mortgage business, and bank executives say they’re fine with that. Continue reading
Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading
This week, Byron Lazine and Nicole White discuss buyer cancellations, outrageous moving costs and the Marketeer. Continue reading
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors. Continue reading
If your potential homebuyers are considering throwing in the towel, do not let them quit yet. Industry expert Laura Adams has three tips that may get them back into the game in this challenging market Continue reading
It can be tough for women in the housing industry to find the opportunities and mentorship they need to grow professionally. Learn how to achieve more with timely and actionable advice from real estate and mortgage marketing expert Jessica Siguenza. Continue reading
Windsor-based mortgage broker Edison Financial will rebrand as Rocket Mortgage in August and begin making direct loans. Continue reading
Purchase loan applications continue to be weaker “due to the combination of much higher mortgage rates and the worsening economic outlook,” said MBA forecaster Joel Kan. Continue reading