Items Tagged with 'New American'

ARTICLES

  • New American Funding expands into non-QM lending

    Will use "alternate methods of income verification"
    One of the top lenders in the country is now offering mortgages to borrowers who do not fit into the Qualified Mortgage box. New American Funding announced Tuesday that it is expanding into non-QM lending, joining a growing group of lenders that are offering mortgages to "non-traditional" borrowers.
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  • New American Funding acquires Marketplace Home Mortgage

    Minnesota-based lender does business in 15 states
    New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired Marketplace Home Mortgage. Marketplace is based in Minnesota, has offices in Florida, Michigan, New Hampshire, South Dakota, and Wisconsin, and does business in 15 states.
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  • Will 2019 bring a boom in home equity lending?

    Economists weigh in
    Certain dynamics shaping the market have led the occasional forecaster to predict a boom in home equity lending. Mortgage rates are rising, they say, prompting more to stay put and tap into their equity instead. So does this mean 2019 will see home equity lending soar? HousingWire asked three economists to weigh in, and here's what they had to say.
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