It is no secret that there is a housing affordability challenge in the U.S. According to the National Association of Realtors’ (NAR) Housing Affordability Index, since spring of last year, a typical family with a median income have not been able to afford a median-priced home. While mortgage rates will likely fall this year, conversations about […]
After attorneys made their cases for both the U.S. government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the company’s creditors, a magistrate judge overseeing the issue has recommended that Hild pay more than $46 million. The final amount will be determined by the trial judge. The funds will […]
The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an email update sent out earlier this week. Section 502 SFH Direct rates are now 4.5%, SFH non-program rates are now 5% and Section […]
After attorneys made their cases for both the U.S. government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the
The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs
Kiavi, one of the nation’s largest private lenders for residential real estate investors, closed a $350 million unrated securitization of residential transition loans (RTLs), the
By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see
California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without
Last year was a tough one for the Indiana real estate market. “Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of
It is no secret that there is a housing affordability challenge in the U.S. According to the National Association of Realtors’ (NAR) Housing Affordability Index, since spring of last year, a typical family with a median income have not been able to afford a median-priced home. While mortgage rates will likely
After attorneys made their cases for both the U.S. government and former Live Well Financial CEO Michael Hild regarding a restitution amount owed to the company’s creditors, a magistrate judge overseeing the issue has recommended that Hild pay more than $46 million. The final amount will be determined by the
The U.S. Department of Agriculture (USDA) announced on Friday that it has lowered the interest rates for its single-family housing (SFH) direct home loan programs as of March 1, according to an email update sent out earlier this week. Section 502 SFH Direct rates are now 4.5%, SFH non-program rates
Kiavi, one of the nation’s largest private lenders for residential real estate investors, closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions. This securitization marked Kiavi’s 16th such
By and large, homeowners who are 60 and older love where they live and have a preference to age in place. They may also see the equity in their homes as a “financial reserve” and are generally confident in their retirement plans, but they are far less interested in employing
California-based mortgage brokerage Loan Factory was sued by a class of loan originators, who allege that the company used their personal and professional information, without their authorization, on its website in an attempt to drive business. Loan officer Derek Daniel Bobadilla and the class members represented by Johnson & Johnson