FHA

Churchill Stateside Group Attends Southwest Mortgagee Advisory Council’s 2024 Conference

Retrieved on: 
Mercoledì, Maggio 8, 2024
Public Policy, Government, Social Services, Other Construction & Property, Climate Change, Advocacy Group Opinion, Residential Building & Real Estate, Commercial Building & Real Estate, Environment, Construction & Property, Other Energy, Urban Planning, Finance, REIT, Banking, Energy, Professional Services, Philanthropy, White House, Federal Government, Foundation, Storm, Climate change, Factorization of polynomials, Policy, CSG, Creditor, Mortgage law, Region, HUD, Letter, Wind, Senior, SWAC, FHA, Winston Churchill, MAP

The Southwest Mortgagee Advisory Council (SWAC), a non-profit industry trade group for FHA Multifamily Accelerated Processing (MAP) Lenders and third-party firms in the Southwest region, held its annual conference in Fort Worth, Texas.

Key Points: 
  • The Southwest Mortgagee Advisory Council (SWAC), a non-profit industry trade group for FHA Multifamily Accelerated Processing (MAP) Lenders and third-party firms in the Southwest region, held its annual conference in Fort Worth, Texas.
  • The event brought together industry experts and stakeholders for informative discussions and valuable networking opportunities in which members of Churchill were in attendance.
  • Keith J. Gloeckl, CEO of Churchill Stateside Group (CSG), stated “As a HUD MAP Lender, we, at Churchill, feel it is very important for our HUD staff to attend these regional meetings.
  • One item of particular importance highlighted was the release of Mortgagee Letter: 2024-05, Wind or Named Storm Insurance Coverage.

21 FICS® Customers Featured in Mortgage Bankers Association’s 2023 Year-End Rankings of Top Commercial/Multifamily Servicers

Retrieved on: 
Martedì, Maggio 7, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Other Professional Services, Construction & Property, Data Management, Technology, Finance, Banking, Professional Services, Personal Finance, Other Technology, Software, Networks, Other Construction & Property, Mobile, Wireless, Commercial, HUD, API, Computer, FHA, CMBS, Service provider, Pleasure, MBA, Real estate

FICS® (Financial Industry Computer Systems, Inc.), a leading mortgage loan origination software , residential servicing software , and commercial servicing software provider, is proud to announce that 21 of its customers have been honored in the Mortgage Bankers Association’s (MBA) Year-End 2023 Commercial/Multifamily Real Estate Mortgage Servicer Rankings.

Key Points: 
  • FICS® (Financial Industry Computer Systems, Inc.), a leading mortgage loan origination software , residential servicing software , and commercial servicing software provider, is proud to announce that 21 of its customers have been honored in the Mortgage Bankers Association’s (MBA) Year-End 2023 Commercial/Multifamily Real Estate Mortgage Servicer Rankings.
  • The MBA releases its rankings annually, showcasing data on the volume of loans serviced, which includes categories such as primary, master, and special servicing.
  • FICS’ Commercial Servicer® is crucial in helping its customers manage their commercial loan portfolios, as evidenced by their inclusion in the MBA rankings.
  • Capital Funding, LLC, an FICS® customer headquartered in Baltimore, MD, was included in MBA’s list of top commercial servicers for Year-End 2023.

Carrington Mortgage Services Hires Steven Winokur to Continue Its Commitment to Non-QM

Retrieved on: 
Martedì, Maggio 7, 2024
Finance, Banking, Professional Services, Residential Building & Real Estate, Construction & Property, Organization, CMS, Broker, ITIN, EVP, Marketing, USDA, Convention (norm), SVP, FHA, Samuel, Multimedia, Knowledge, Real estate

Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers and mortgage bankers nationwide.

Key Points: 
  • Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers and mortgage bankers nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20240507090740/en/
    Non-QM veteran Steven Winokur joins Carrington Mortgage Services to reinforce its expertise in the non-agency loan space.
  • (Photo: Business Wire)
    “Non-QM is an important part of Carrington’s commitment to potential homeowners with non-traditional kinds of income,” said Greg Austin, EVP, Lending for CMS.
  • For more information about Carrington Charitable Foundation, and the organizations and programs it supports through specific fundraising efforts, please visit: carringtoncf.org .

Roam Introduces 2nd Mortgage Program to Reduce Down Payments and Enable 50% of Americans to Access a Home With a 2% Mortgage

Retrieved on: 
Giovedì, Maggio 9, 2024
Apps, Applications, Technology, Construction & Property, Finance, Other Technology, Professional Services, Software, Other Construction & Property, Residential Building & Real Estate, Founders Fund, NAR, Pinterest, Traction, Khosla Ventures, Partnership, Upstart, FHA, Spring, DoorDash, Real estate

Roam , the platform for making homeownership 2x more affordable through assumable mortgages, has introduced Roam Boost to make mortgage assumptions accessible to millions of more Americans.

Key Points: 
  • Roam , the platform for making homeownership 2x more affordable through assumable mortgages, has introduced Roam Boost to make mortgage assumptions accessible to millions of more Americans.
  • Today, Roam launches Roam Boost to enable millions of hopeful homebuyers to get a mortgage as low as 2% while lowering the down payment requirement to just 15%.
  • Roam Boost gives buyers the option to add a second mortgage through a partnership with lender Spring EQ, helping buyers achieve a blended rate typically between 4-5%.
  • According to the NAR, which tracks median homebuyer down payments, Roam Boost now puts the assumable mortgage opportunity within reach of 50% of homebuyers.

Greenbriar Sustainable Living Webinar April 26, 2024, 11 AM PDT

Retrieved on: 
Lunedì, Aprile 22, 2024
Federal Housing Administration, Montalva, GRB, Web conferencing, USDA, Valley Boulevard, Documentation, FHA, OTC Markets Group, FICO, Government

---- Update on Cordero Ranch, and its 3,000+ homes forecasted in Southern Utah.

Key Points: 
  • Scottsdale, Arizona--(Newsfile Corp. - April 22, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the company will hold a webinar at 11 am PDT on April 26, 2024 for the public to discuss all of the projects for Greenbriar.
  • Answers and updates will be provided by Greenbriar directors' Chris Harvey and Jeff Ciachurski.
  • ---- Summary analysis from Chris Harvey as to why as the former CEO of JP Morgan Securities, he has joined the board of Greenbriar.
  • The Webinar link is as follows:

Greenbriar Announces Public Webinar to Update Shareholders on All Projects

Retrieved on: 
Lunedì, Aprile 22, 2024
Federal Housing Administration, Montalva, GRB, Web conferencing, USDA, Valley Boulevard, Documentation, FHA, OTC Markets Group, FICO, Government

---- Update on Cordero Ranch, and its 3,000+ homes forecasted in Southern Utah.

Key Points: 
  • Scottsdale, Arizona--(Newsfile Corp. - April 22, 2024) - Greenbriar Sustainable Living Inc. (TSXV: GRB) (OTC Pink: GEBRF) ("Greenbriar" or the "Company") is pleased to announce that the company will hold a webinar for the public to discuss all of the projects for Greenbriar.
  • Answers and updates will be provided by Greenbriar directors' Chris Harvey and Jeff Ciachurski.
  • ---- Update on Montalva and preparations being taken to file with the FOMB.
  • ---- Summary analysis from Chris Harvey as to why as the former CEO of JP Morgan Securities, he has joined the board of Greenbriar.

Carrington Mortgage Services Introduces Individual Taxpayer Identification Loans

Retrieved on: 
Giovedì, Aprile 25, 2024
Professional Services, Residential Building & Real Estate, Insurance, Finance, Construction & Property, Banking, Organization, Average revenue per user, CMS, Social Security, Social, Broker, ITIN, EVP, Research, USDA, Tax, SVP, Urban Institute, Social Security number, SSN, FHA, Filene Research Institute, Mortgage Bankers Association, Real estate

Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers and mortgage bankers nationwide.

Key Points: 
  • Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers and mortgage bankers nationwide.
  • To add to its diverse lending offerings and to better ensure homeowners, brokers and sellers have all the options they need, CMS is introducing Individual Taxpayer Identification Loans (ITIN) for its retail, wholesale and correspondent lending customers.
  • Although conventional loans require a Social Security Number (SSN) for loan approval, CMS’ ITIN loans offer mortgage financing options for non-U.S. citizens who live and pay taxes in the United States.
  • Although historically, borrowers seeking ITIN loans have sometimes been vulnerable to excessive interest rate loans, the ITIN loans offered by Carrington provide access to homeownership at fair interest rates for mortgages and normal terms.

Better Launches Home Equity Loans: Offers Flexible Solutions to Homeowners Interested in Accessing Home Equity as Cash

Retrieved on: 
Martedì, Aprile 23, 2024
Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Insurance, Online, CO, Environment, Documentation, APR, Fintech, FHA, HELOC, Better.com, OK, ID, Commitment, WSJ, Home, Condition, Growth, Fraud, Security (finance)

The Better Home Equity Loan may allow for more predictability, flexibility and stability in homeowners financing options by tapping into their home equity with a fixed interest rate.

Key Points: 
  • The Better Home Equity Loan may allow for more predictability, flexibility and stability in homeowners financing options by tapping into their home equity with a fixed interest rate.
  • “Across market cycles, access to home financing is not a one-size-fits-all approach,” said Vishal Garg, CEO & Founder of Better.
  • Better Home Equity Loan represents the next step to unlocking the next chapter of growth for Better with its growing suite of digital home equity product solutions.
  • With Better Home Equity Loan, Better Mortgage will lend on primary, secondary and investment properties with 10, 15, 20 or 30 year loan terms available.

PROFITS FOR U.S. HOME SELLERS DECLINE AGAIN IN FIRST QUARTER OF 2024 AS PRICES FALL

Retrieved on: 
Giovedì, Aprile 25, 2024
Sale, Federal Housing Administration, Report, Margin, Statistics, Housing, REO, Steam, Greeley, Colorado, Warner Robins, Georgia, FHA, Great, Arms industry

IRVINE, Calif., April 25, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2024 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales in the United States decreased to 55.3 percent in the first quarter – the smallest level in more than two years.

Key Points: 
  • At the same time, investment returns for sellers decreased for the second straight quarter after several increases last year, hitting the low point since mid-2021.
  • The drop-off in prices and profits comes as a mix of powerful forces is putting both upward and downward pressure on the U.S. housing market.
  • The longest 40 average tenures among sellers in the first quarter of 2024 were again in the Northeast or West regions of the U.S.
  • Nationwide, all-cash purchases accounted for 41.1 percent of single-family home and condo sales in the first quarter of 2024.

Nevada Assembly Candidate Proposes Bold Solution for Home Affordability

Retrieved on: 
Martedì, Aprile 16, 2024
Sale, University, Small business, Hope, Housing, Thought, Parent, American Dream, Tax, Nevada Assembly, Politics, FHA, Multimedia, Grandparent, State Assembly, Reno 1868 FC, Real estate

LAS VEGAS, April 16, 2024 /PRNewswire/ -- Despite tremendous national attention, millions of Americans may never achieve the American Dream of owning a home. Current market trends and elevated interest rates have made affordable housing even more elusive, particularly for younger generations and first-time buyers in high-cost states like Nevada. Clem Ziroli III, candidate for Nevada Assembly District 34, is working to change that.

Key Points: 
  • Current market trends and elevated interest rates have made affordable housing even more elusive, particularly for younger generations and first-time buyers in high-cost states like Nevada.
  • Clem Ziroli III , candidate for Nevada Assembly District 34, is working to change that.
  • Ziroli, a fourth-generation real estate, investment, and finance professional, is not waiting until he is elected to propose changes.
  • Among other important issues facing Nevadans, affordable housing is a major part of his desire to join the State Assembly.