Remove new-american-funding-reviews
article thumbnail

New American Funding (NAF) Mortgage Review for 2020

The Mortgage Report

Review of New American Funding showing how the company compares to other top lenders. Includes mortgage rates, service, complaints, operations, and products offered. New American Funding Mortgage Lender Review.

article thumbnail

2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015

Housing Wire

The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances and FHA’s Annual Report to Congress, both released Monday morning.

Mortgages 346
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Homepoint post-mortem: How one of America’s largest mortgage lenders went bust 

Housing Wire

” At that time, historically low rates spurred the mortgage market to $4 trillion in volume — and the perception among the rank-and-file was that Home Point Capital ‘s wholesale lending business Homepoint was a great place to work. Its private equity backers planned to raise $250 million by selling 12.5

Mortgages 384
article thumbnail

Affordable housing groups look to Biden to fulfill campaign promises

Housing Wire

Many organizations took the time to welcome the new administration but did not shy away from reminding him of his campaign promises and the need for swift aid. We know that the Biden/Harris administration will be an advocate of fair housing policies and racial equity, and we look forward to what’s to come.

article thumbnail

Options to Unlock Your Home Equity When Finances Are Tight

HomeLight

If you need assistance navigating the financial or tax implications of unlocking your home’s equity, HomeLight always encourages you to reach out to your own advisor. With the days of stimulus packages and low mortgage interest rates in the rearview, Americans are steeling themselves for a future with the potential for economic uncertainty.

Equity 101
article thumbnail

Vishal Garg unveils Better’s new strategy as a publicly traded company 

Housing Wire

New York-based digital lender Better.com has shifted its strategy ahead of its initial public offering (IPO). According to Garg, the company has developed a one-day mortgage product that provides a commitment letter within 24 hours. Nunes: The transaction will infuse the combined entity with $750 million in new capital.

article thumbnail

The Fed Has a New Approach to Inflation: What It Means for Your Savings, Credit-Card Debt—and Your Mortgage Rate

Realtor.com

The Fed made some of the biggest changes to its policy in years following an extended review. But the new approach won’t mean that consumers will save money across the board. Here’s how the Fed’s new policy will affect Americans’ finances: What did the Fed change?