United Wholesale Mortgage (UWM) on Wednesday announced two new home-affordability mortgage products designed to help underserved borrowers become homeowners. UWM, America’s top residential mortgage ...
Ben Slayton’s Legacy Home Loans, the largest Black-led mortgage banking firm in the country, has launched a special purpose credit program for prospective Black borrowers in six cities across the ...
In 2009 SPCP Group paid Eagle Rock Field Services and Eagle Rock Operating (collectively Eagle Rock) some $3 million to rights of claims worth $3.9 million in connection with SemCrude's bankruptcy in ...
The Federal Housing Finance Agency (FHFA) has taken two significant deregulatory steps affecting its oversight of the government-sponsored enterprises, Fannie Mae and Freddie Mac (GSEs). The agency ...
Offering Special Purpose Credit Programs for HomeReady and Freddie Mac’s BorrowSmart Geo-Target. With the Freddie Mac BorrowSmart Geo-Target Assistance program, buyers will receive up to $10K. With ...
SEATTLE — Found your dream home but then got denied a mortgage? It can be heartbreaking and demoralizing, but there might be some things you can do because “no” doesn’t always mean all is lost. As ...
On December 21, 2020, the CFPB issued an advisory opinion that addresses regulatory uncertainty related to certain aspects of special purpose credit programs (“SPCPs”) designed and implemented by ...
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