There are borrowers in America who can responsibly repay a mortgage and still do not fit neatly into the underwriting box we built for them. Anyone who has spent time in mortgage lending has seen this. A self-employed business owner may have substantial cash flow but...
Deephaven Mortgage, a Charlotte, North Carolina-headquartered non-QM lender, has launched its Equity Advantage HELOC product that includes an option for self-employed borrowers to qualify based on 12 months of personal or business bank statements in lieu of tax...
Freddie Mac (OTCQB: FMCC) has updated its automated income assessment tool to include tax transcripts as a new data source. Â According to the government-sponsored enterprise, the enhancement will provide lenders with another tool to better automate income assessments...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
