by mdibrino@hqmloans.com | Apr 26, 2023 | Uncategorized
But there was something in the air. “We could all feel it,” she said. Carried amid those winds of change, implausible deals would flutter by: “I remember the loan programs. One time, they were offering that we could do an 80/20, 100% financing of a four-plex, stated...
by mdibrino@hqmloans.com | Apr 26, 2023 | Uncategorized
The top three cities with the highest annual increases were Miami (10.8%), Tampa (7.7%), and Atlanta (6.6%). All 20 cities reported lower prices in February compared to January. CoreLogic chief economist Selma Hepp commented: “While lower mortgage rates helped...
by mdibrino@hqmloans.com | Apr 26, 2023 | Uncategorized
A modest decline in home equity has pushed the index to drop, with the collective senior housing wealth sliding from a peak of $12.42 trillion in Q3 to $12.39 trillion in Q4. According to NRMLA, the dip in equity resulted from a $30 billion increase in senior mortgage...
by mdibrino@hqmloans.com | Apr 26, 2023 | Uncategorized
The pool comprises 58.4% of loans where the borrower maintains a primary residence, while 37.5% comprise an investor property. Additionally, 0.1% are safe-harbor-qualified mortgages (SHQMs), and 62.5% are non-qualified mortgages (non-QMs). “There are 299 DSCR...
by mdibrino@hqmloans.com | Apr 26, 2023 | Uncategorized
The outreach events feature speakers from a local HUD-certified counseling agency and PHH Mortgage, providing attendees with information regarding mortgage assistance options. After the event, homeowners can schedule a virtual one-on-one meeting with a housing...
