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Shared Equity Platform Point To Launch Down Payment Product - Vimarsana News

Shared Equity Platform Point To Launch Down Payment Product

New offering will provide up to 15 percent of a home's purchase price to put toward a down payment, helping buyers avoid private mortgage insurance.

Source: inman.com
Most Homebuyers Ready To Make An Offer 3 Days After Showing: Survey - Vimarsana News

Most Homebuyers Ready To Make An Offer 3 Days After Showing: Survey

One-fifth of prospective homebuyers polled would also be willing to put in an offer immediately, according to Bank of America's annual Homebuyer Insights Report.

Source: inman.com
Cap. Mkts., Underwriting, Pre-qual, Automation Tools; Freddie Results; May Webinars and Events; GDP Tumbles - Vimarsana News

Cap. Mkts., Underwriting, Pre-qual, Automation Tools; Freddie Results; May Webinars and Events; GDP Tumbles

While the industry digests Freddie Mac’s first quarter earnings (47 percent purchase, 53 percent refi), if you try to correct my grammar, I will think fewer of you. Speaking of language, did you know that the alphabet in Hawai’i only contains 12 letters: a, e, i, o, u, h, k, l, m, n, p, and w. Every word ends with a vowel. (Sticklers may include an apostrophe – okina - as a separate letter.) I am spending some time in this marvelous area of the world, although a cynic would say, for me, it is merely working from a different place and waking up at 1AM instead of 4AM to send...

Audit, Non-QM, DPA Products; FHA, VA News; Apps Continue Downward Spiral - Vimarsana News

Audit, Non-QM, DPA Products; FHA, VA News; Apps Continue Downward Spiral

Change is mandatory. Progress is optional. Are signing bonuses a sign of progress? Perhaps not, and more a continued sign of the competitive times. “A $1 Million Salesperson Signing Bonus is Not a Growth Strategy” is worth a skim. Today’s podcast interview is with me discussing the current rough environment, and as our brethren trail off home from the Texas MBA to the airport in Austin (and actually recognize each other without masks), the talk is about volume and cutbacks. Vendors are being beaten up on price. Long, long gone are the days of padding margins to slow things...

Down Payment Resource releases Q1 2022 Homeownership Program Index - Vimarsana News

Down Payment Resource releases Q1 2022 Homeownership Program Index

Quarterly analysis of U.S. homebuyer assistance programs highlights marked increase in number of programs available to help people purchase homes