GSEs will not count buyer agent commissions as IPCs

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday.The GSEs noted that this guidance was not an update to their selling guides but
Read MoreReuters: Reverse mortgages can help caregivers avoid ‘raiding’ savings

As older people increasingly express their preference to age in place in their own homes, family members will oftentimes be required to provide some semblance of care for their loved ones in later life. Caregiving challenges can be compounded if there’s only one child in the family, but a reverse mo
Read MoreA&D Mortgage revamps its partner portal

Wholesale lender A&D Mortgage unveiled a new and enhanced version of its partner portal, Artificial Intelligence in Mortgage, or AMI, on Monday.The AI-powered portal integrates advanced technologies into A&D Mortgage’s existing partner portal. It notably features a more intuitive user interface, sea
Read MoreHigh mortgage rates are fueling strong inventory growth

We saw a big jump in mortgage rates last week. The 30-year fixed rate mortgage, according to the HousingWire Mortgage Rates Center, is now over 7.2% — that’s 50 basis points above where we were at the start of the year. At that time, most of the voices in the media assumed that mortgage rates had pe
Read More
Categories
Recent Posts










