Data center boom shifts rural property valuations
As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
The company's affiliate has been issuing non-QM deals that include a small percentage of second liens, some of which also involve alternative documentation.
In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
Mortgage applications rose 0.4% on a seasonally adjusted basis from one week prior for the period ending June 26, according to the MBA's Market Composite Index.