May 4, 2022 Lots of Help Available for Down Payments By Lew Sichelman The Fla. Housing Finance Corp. saw its volume jump in 2021; activity was so brisk that it stayed open 24/7 and increased its housing assistance amounts. SARASOTA, Fla. – Lawmakers in Washington have earmarked billions of dollars for down payment assistance for
March 30, 2022 Proof that Prices Won’t Fall? The New-Home Market By Chris Arnold There’s not enough supply (homes) to meet demand, with little relief in sight. The U.S. needs about 3M more homes, and it will take years for builders to catch up. BOSTON – Emerson Claus has been building houses for 45 years.
Tool Can Shorten Loan Processing by 15 Days? February 17, 2022 Freddie Mac has a new “automated method” to analyze incomes based on direct deposits. Up to 93% of borrowers could see a quicker loan-process timeline. WASHINGTON – Freddie Mac is launching an automated method for lenders to assess prospective borrowers’ income paid through direct deposits.