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Amid mounting affordability pressure on homebuyers, DPAs have become a saving grace for many who cannot afford a lump-sum down payment.
James Hecht, a 30-year mortgage industry veteran, will focus on expanding the company’s distributed retail and joint venture divisions.
One of Keller Williams Realty's biggest franchise groups, Georgia Legacy Group, has teamed up with national mortgage lender and servicer Newrez to launch a joint venture, Onward Home Mortgage.
If buyer brokers/agents are no longer involved in most real estate transactions, LOs who rely on agent referrals for transactions would have a smaller target group to focus on. Some LOs are already planning to reach consumers directly.
/PRNewswire/ -- CBC Mortgage Agency (CBCMA), a nationally chartered housing finance agency and a leading source of down payment assistance for first-time...