The total share of mortgages in forbearance increased to 0.50% in November, up from 0.47% in October. According to data from the Mortgage Bankers Association, an estimated 250,000 homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in...
Most homebuyers do not shop around when considering a mortgage, according to a new data study from LendingTree (NASDAQ:TREE). In a survey of 2,001 U.S. consumers, over half of the respondents (54%) who took out a mortgage for their most recent home purchase only got...
The first quarter ended with 45.8% of mortgaged residential properties considered as equity rich, according to new data from ATTOM. This is down from 46.1% in the fourth quarter of 2023, marking the third straight quarterly decline, and it is also down from 47.2% in...
Baltimore-headquartered First Home Mortgage Corp. has debuted its First Home ONE Program, which is designed to enable qualified buyers to purchase a home with 3% equity but only 1% down payment. Under this program, the buyer contributes 1% and First Home Mortgage...
Tammac Holdings Corp., a Wayne, Pennsylvania-based provider of financial solutions in the manufactured housing industry, has received license approval to offer manufactured and mobile home loans in the states of Michigan and Alabama. “Tammac is excited to extend our...
FBI Investigating Lurin Capital Amid Multifamily Collapse
