New LLPA’s are going into effect on April 1 (which means they are already being priced in with most lenders) for 2nd homes and investment properties. This from Fannie Mae
Non-QM is really on the rebound and Oaktree Funding is leading the way! On their new Non Agency Streamline Advantage Program you can lend up to $1 Million with an
Getting DACA loans back in play for ALL originators was one of NAMB President, Kimber White’s main objectives. Well, it’s done! DACA loans are back. If you’re not familiar with
Today we talk to NAMB President Kimber White. He’s hopeful not only for some HUD Approved DPA with this administration, but he’s also hopeful for DACA loans to make a
Fannie Mae is requiring more bank statements on self-employed borrowers now which is a sign of the times. Self-employed borrowers are getting hit the worst in the COVID environment. Requiring
Today we interview Kristopher Martin with Oaktree Funding. We’ll start seeing Non-QM looking a little more like it did pre-COVID, and, they’ve got a very hot Jumbo product you should
There’s an article in Realtor Magazine that just came out that seems almost destructive to the housing industry. They site some information from a survey, but just don’t take it
Credit availability declines per the MBA and why wouldn’t it? When there’s too much business to get done, you’ll start to cherry pick, and it appears that’s indeed what’s happening.
That’s right, FHA Delinquencies are on the Rise BIG TIME! Unemployment is being credited for the recent rise. Could this be a sign of what’s to come? Will we see
Jumbo is a tough product to find right now so here at the NREP we want to let you know when it shows up. With that said, Prime Jumbo is
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