National affordable housing innovator Arrive Home has enhanced qualifications for its Earned Equity Program to help responsible borrowers with temporary U.S. Visas and valid Employment Authorization Documents purchase a home.
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MISMO®, the real estate finance industry’s standards organization, is seeking public comment on the SMART Doc® V3 Power of Attorney Specification (“Specification”). The 30-day public comment period will run through December 4, 2025.
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The U.S. housing market is a mixed picture. Inventory this month rose to the highest level since 2019. Prices are softening. New listings are lagging. And regional market differences are stark.
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NEXA Lending has appointed Rana Mortensen as Chief Administrative Officer (CAO), a strategic addition to its C-Suite that reinforces the company’s commitment to operational excellence, cultural cohesion, and national growth.
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Recent patterns in consumer credit risk suggest a growing divide among U.S. consumers, as some demonstrate heightened financial resilience while others face mounting challenges.
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The Community Home Lenders of America (CHLA) issued the following statement in response to the CFPB finalizing the rescission of rules that had established burdensome registration requirements on independent mortgage banks (IMBS) that were unnecessary and redundant with other existing requirements:
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MISMO, the real estate finance industry’s standards organization, announced the publication of Version 3.6.2 of the MISMO Reference Model, which includes new data points, containers, and enumerations to support MISMO work products and other mortgage industry business content.
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The Community Home Lenders of America (CHLA) is applauding reports showing that Fannie Mae and Freddie Mac are doing their part to help bring down mortgage rates by increasing their mortgage portfolios to support market liquidity.
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Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September.
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Click n’ Close, a multi-state mortgage lender, announced the addition of Jon Wilson as Vice President of Accounting. In this role, Wilson will oversee corporate accounting, financial reporting and process optimization, supporting the company’s continued growth and operational excellence.
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