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Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats

June 6, 2024

United Wholesale Mortgage announced a 0% down program last month, but people are split: Does it eliminate a barrier or will it launch us into another subprime mortgage crisis?

United States Alex Elezaj Patricia Mccoy Case Western Reserve University Consumer Financial Protection Bureau Boston College Law School

Source: fortune.com

UWM's Zero-Down Loans A Hit With Buyers, Worry Consumer Advocates

June 4, 2024

Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the housing crash and 2007-09 Great Recession, UWM's zero-down loans have to meet criteria set by mortgage giant Freddie Mac.

United States Alex Elezaj Dennis Kelleher Freddie Mac Las Vegas Los Angeles

Source: inman.com

UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative

May 16, 2024

United Wholesale Mortgage has launched a new service to handle all title work for its brokers on refinances.

United States Freddie Mac Sarah Deciantis Us Department Of Veteran Affairs Women National Basketball Association National Basketball Association

Source: housingwire.com

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Down Purchase News Today

Zero percent down mortgages might help more first-time homebuyers break into the housing market&#x2014;but there are caveats

UWM's Zero-Down Loans A Hit With Buyers, Worry Consumer Advocates

UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative

Explore More Categories

Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats