Tag Archives: mortgage

Interest in second homes remains down for third consecutive month

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Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading →

Will every mortgage lender soon have a cash offer product?

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Because Evergreen is a mortgage bank, it’s got the funds to not only purchase homes with cash, but provide permanent financing directly to the homebuyer. That means it can close faster than cash offer programs that outsource financing. Continue reading →

Struggling homeowners may evade foreclosure thanks to surging prices

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Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading →

Struggling homeowners may evade foreclosure thanks to surging prices

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Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading →

Tomo’s CEO on the mortgage industry: ‘It’s like going to the DMV’

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During a conversation with Brad Inman at Connect Now, Greg Schwartz said “mortgage is the catastrophe of the real estate transaction,” and shared how Tomo is changing that Continue reading →

Tomo’s CEO on the mortgage industry: ‘It’s like going to the DMV’

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During a conversation with Brad Inman at Connect Now, Greg Schwartz said “mortgage is the catastrophe of the real estate transaction,” and shared how Tomo is changing that Continue reading →

Landmark study confirms troubling ‘appraisal gap’ in minority enclaves

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Mortgage giant Freddie Mac’s analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias. Continue reading →

Home sales will cool off for the rest of this year and next: Fannie Mae

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Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading →

‘Holding pattern’: Virus extends stable period for mortgage rates

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Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Continue reading →