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HighTechLending’s senior HELOC offers credit card-like flexibility
American Senior Lending, a dba of HighTechLending (HTL), is positioning its new home equity line of credit (HELOC) as a credit card-like tool for seniors — particularly those who don’t qualify for traditional revolving credit.
Manufactured housing is the future of affordable housing
Last month, Members of Congress were treated to an on-the-ground look at manufactured housing – the sector of the housing industry that holds the greatest promise for meeting our nation’s affordable homeownership and rental housing challenges.
Private mortgage insurance: one of the most powerful financial tools for first-time buyers
While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can feel like a foreign language and it’s often easy for misconceptions to take root. This includes the characterization of private mortgage insurance, which helps first-time buyers and working families become homeowners years sooner and reduces the cash due at the closing table by tens of thousands of dollars.
West Capital Lending partners with Mortgage Connections
The partnership with the Michigan-based brokerage supports West Capital’s national expansion strategy and deepens its Midwest presence.
Government shutdown halts new reverse mortgage endorsements
In its contingency plan, HUD confirmed that borrowers will receive HECM payments from HUD during the lapse in appropriations.
UWM pays $115M for 10-year naming rights to Phoenix Arena
United Wholesale Mortgage (UWM) has partnered with the Phoenix Suns and Phoenix Mercury to rename the downtown Phoenix arena Mortgage Matchup, effective Friday, under a 10-year, $150 million naming rights agreement.
The Steven Cohen Team returns to Corcoran Group
After five years at Douglas Elliman, Cohen and his top-performing New York City-based team are returning to their roots at Corcoran Group
EquityProtect foils alleged title fraud scheme in Ohio
According to the company, a scammer tried to persuade the man to take out a reverse mortgage in an effort to steal his home equity.
Big brokerage mergers will lead to increased business for high-end boutique firms
While big brokerage mergers may benefit middle-market buyers and sellers, it raises a critical concern for high-net-worth real estate clients.
