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GSEs won’t buy QM loans under GSE Patch after July 1
Apr 09, 2021Despite the CFPB’s notice of proposed rulemaking to extend the QM Patch, the GSE’s sent a letter to lenders stating for now they plan to follow the original expiration.
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William Raveis ain’t no stinkin’ iBuyer
Apr 09, 2021Like others, resi brokerage & lender William Raveis is happy to buy your home. But its new program doesn’t mean it’s an iBuyer.
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Better.com nabs $500 million investment from SoftBank
Apr 09, 2021Better.com has received a $500 million investment from SoftBank that values the digital mortgage lender at about $6 billion, CNBC reports.
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Opinion
With the economy looking toward life past COVID, the focus is beginning to shift to a recovering economy, perhaps hotter than expected, driven by an excess in stimulus provided, and a likely end to the low single-digit mortgage rates seen over the previous year.
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