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UWM expands DSCR offerings to real estate investors

Housing Wire

Dubbed “Investors Flex,” the non-QM product for real estate investors, offered purchase and refinance loans up to $2 million that could be used to finance up to 20 properties by using each property’s monthly rental income to qualify. UWM originated $38.8 billion in mortgage loans in the first quarter of 2022, a 29.7%

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Optimal Blue PPE adds investor content from 54 state-based HFAs

Housing Wire

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments.

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Selling a House ‘As Is’ in Louisiana

HomeLight

Real estate attorneys are not considered essential for closing in the state of Louisiana Real estate transfer taxes? However, “as is” sales often attract investors searching for their next flip or buyers seeking a bargain, perhaps on a home in a great location with lots of potential. Selling a house “as is” in Louisiana?

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Selling a House ‘As Is’ in Tennessee

HomeLight

Tennessee attorneys are not considered essential for closing in Tennessee Real estate transfer taxes? Are you curious about selling a house “as is” in Tennessee? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on.

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Selling a House ‘As Is’ in Michigan

HomeLight

Most of the time, the type of buyer that will buy a house like that would be an investor or somebody who works for a company that fixes homes up and resells them, as our company does.” Real estate attorneys are not considered essential for closing in the state of Michigan. Looking into selling a house “as is” in Michigan?

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Opinion: Title and settlement fees aren’t a barrier to homeownership

Housing Wire

In 2023, Fannie Mae and Freddie Mac announced plans to make it easier to buy a home and close the racial homeownership gap in the United States. Specifically, title and settlement fees have been characterized as a high-burden and regressive (costing proportionally more for low- and moderate-income borrowers) cost to borrowers.

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Selling a House ‘As Is’ in Virginia

HomeLight

Skip repairs and close in as few as 10 days. Real estate attorneys are not considered essential for closing in the state of Virginia Real estate transfer taxes? Looking to sell a house “as is” in Virginia? The second reason we come across is speed and convenience. Yes Is a real estate attorney required?

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