Mortgage Industry News
FHA Proposes Policy Updates to HECM Program
The updates seek to “streamline certain requirements and reduce operational challenges associated with servicing a HECM portfolio.” Continue Reading FHA Proposes Policy Updates to HECM Program
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Only 2.5% of all residential mortgages, or one in 40, were considered seriously underwater in the third quarter. Continue Reading Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
UWM APPOINTS ANDREW HUBACKER CHIEF FINANCIAL OFFICER
Feb. 6, 2023 (Staff Writer)- United Wholesale Mortgage (UWM), the #1 overall mortgage lender in America, has named Andrew Hubacker its new Chief Financial Officer. Hubacker will assume the position immediately and will oversee all financial aspects of the...
Roofstock onChain Sells home in Alabama as an NFT, Purchased on Ethereum platform using StableCoins
Feb. 06, 2023 (Staff Writer)- Roofstock, the leading digital real estate platform specializing in single-family rental (SFR) properties, today announced the sale of an Alabama rental property via a non-fungible token (NFT) enabled by Roofstock onChain (ROC), its web3...
4 Steps to Take if You’re House Poor
Source: The Ascent --- If your housing expenses -- including mortgage payment, homeowners insurance, utilities, maintenance, and property taxes -- leave you with little left over each month, you may be called "house poor." The first thing to know is that there's no...
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