The “Wealth Building Loan” requires no down payment, and offers eligible borrowers a 7/1 adjustable rate #mortgage with a 20-year amortization. Waterstone said that the “Wealth Building Loan” also eliminates monthly #mortgage insurance payments nearly four years sooner than a 30-year conventional loan with a 3% down payment. http://www.housingwire.com/articles/36310-waterstone-mortgage-unveils-zero-down-20-year-adjustable-rate-wealth-building-loan ❤️ #share #mortgage
Wednesday, February 17, 2016
Homeowners: 4 tax deductions to maximize your IRS refund
It’s that time of year again. As tax season is well underway, don’t miss out on these four tax deductions that you could possibly be taking advantage of and put money back in your wallet. Or at least prevent you from owing money. Check to see if these apply to you. http://www.housingwire.com/blogs/1-rewired/post/36311-homeowners-4-tax-deductions-to-maximize-your-irs-refund ❤️ #share #mortgage
Community #lenders call for Fannie, Freddie to stop paying dividend to Treasury
With Fannie Mae and Freddie Mac preparing to report their fourth quarter and full-year financial results for 2015 later this week, several national groups of community #lenders are calling on the Federal Housing Finance Agency to suspend the practice of sending dividends from Fannie and Freddie to the Department of Treasury. http://www.housingwire.com/articles/36309-community-lenders-call-for-fannie-freddie-to-stop-paying-dividend-to-treasury ❤️ #share #mortgage
'Millennial leader' highlights impact of housing on 2016 election
Problem solved: Millennials are disenchanted, not disengaged. These resounding words from Morgan Smith, president of the nonpartisan Roosevelt Institute chapter at the University of Denver, are written to correct society’s preconceived notions about Millennials and get to the real issues important to young voters. Because without action, people will be priced out of their own hometown. http://www.housingwire.com/articles/36307-millennial-leader-highlights-impact-of-housing-on-2016-election ❤️ #share #mortgage
The TRID ripples: Time to close #mortgage loans continues to rise
In the months since the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule last October, evidence has shown what the impact of TRID has been. Now, a new report from Ellie Mae shows more statistical evidence on what kind of impact of TRID has caused, with the time to close a loan climbing again. http://www.housingwire.com/articles/36305-the-trid-ripples-time-to-close-mortgage-loans-continues-to-rise ❤️ #share #mortgage
Fed’s final push for HARP?
The Federal Housing Finance Agency’s Home Affordable Refinance Program is set to expire at the end of 2016. But before it does, the agency will try to reach as many people as possible that can still benefit. There are 367,600 people still eligible, and this new social media campaign should hopefully find them. http://www.housingwire.com/articles/36303-feds-final-push-for-harp ❤️ #share #mortgage
Dotloop announces partnership with Lone Wolf Real Estate Technologies
Dotloop, a Cincinnati-based company that boasts it can simplify real estate transactions by enabling brokerages, real estate agents, and their clients to share, edit, sign and store documents digitally, announced a partnership with Lone Wolf Real Estate Technologies, a provider of residential real estate solutions and services in North America. http://www.housingwire.com/articles/36304-dotloop-announces-partnership-with-lone-wolf-real-estate-technologies ❤️ #share #mortgage
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