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Lenders react to end of Freddie Mac 1% down payment mortgage offerings

Lenders react to end of Freddie Mac 1% down payment mortgage offerings

Lenders react to end of Freddie Mac 1% down payment mortgage offerings Quicken Loans and UWM weigh in 0% down and 1% down mortgage offerings just started to gain traction in the industry when Freddie Mac announced it is changing the requirements and completely nixed its program option. The government-sponsored enterprise shocked the market this week when it […]

Single-family renting: Why rental home communities are on the rise around Phoenix

Single-family renting: Why rental home communities are on the rise around Phoenix

Single-family renting: Why rental home communities are on the rise around Phoenix With the rise in properties in the single-family home rental market, house hunters can enjoy the privacy, space and perks of suburban living without the mortgage. Jim Belfiore, president of Arizona residential market research firm Belfiore Real Estate Consulting, says there’s a market […]

FHFA wants more input on improving credit access for borrowers with limited English proficiency

FHFA wants more input on improving credit access for borrowers with limited English proficiency

FHFA wants more input on improving credit access for borrowers with limited English proficiency Extends deadline to receive input from market July 18, 2017   Ben Lane In May, the Federal Housing Finance Agency asked the housing market to provide input on how to increase access to credit for borrowers with limited English proficiency. Originally, the FHFA set […]