Banks Equity Sales VA loan 
Housing Wire
SEPTEMBER 12, 2023
These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). The fate of the specialist when the market shifts The independent mortgage banks most of us think of when someone mentions IMBs originated as a result of the Savings and Loan Crisis of the 1980s.
Windemere Buying
NOVEMBER 11, 2020
VA loans provide a path toward homeownership for active service and veteran personnel and their families. The following serves as a guide to understanding what they are, who they are available to, and what types of loans are available to them. What Are VA Loans? How Do VA Loans work?
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Housing Wire
MARCH 30, 2023
With the banking crisis spurring more talk of a recession, the question now is: What would housing credit look like in a recession? This is important because the existing home sales market was booming during the 2005 peak; that market needed credit to stay loose to keep demand high and growing. Many people predicted that the U.S.
Housing Wire
AUGUST 26, 2022
HousingWire recently spoke with Lee Smith and John Gibson at Flagstar Bank about what originators can do to align their mortgage products and services with the ebb and flow of the housing market and what Flagstar is doing to help clients remain at the top of their game during this turbulent time. The same is true for non-qualified mortgages.
Housing Wire
SEPTEMBER 22, 2023
While the central bank left the benchmark rate unchanged in the target range of 5.25%-5.5% Elevated mortgage rates will lead to more lenders spilling red ink in the latter half of the year, in contrast to the improved financial performance of independent mortgage banks in Q2. That’s very low historically.
Housing Wire
AUGUST 7, 2023
While banks also have the capacity to make loans and hold them on their balance sheets, the majority sell most or all of their loans to secondary providers. They do this to reduce their risk and to free up their capital to process more loans. 1 answer has been, “They understand my borrowers and know how to close my loans.”
Housing Wire
SEPTEMBER 21, 2020
By contrast, the tale of the housing market in the past several years has been the severe lack of homes for sale on the market, causing home prices to rise at twice the rate of income growth across the country. That is why homeowners, in the aggregate, have gained more than $10 trillion in home equity over the past decade.
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