First National Bank Expands Affordable Mortgage Programs
FNB Enhances its Commitments to Low- to Moderate-Income Communities and Economic Equality with New Refinance Programs and Increased Closing Cost A...
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FNB Enhances its Commitments to Low- to Moderate-Income Communities and Economic Equality with New Refinance Programs and Increased Closing Cost A...
CONSOLIDATED RESULTS OF OPERATIONS This discussion of our consolidated results of operations should be read in conjunction with our consolidated financial statements and accompanying notes. We have three primary sources of revenue: n Net interest income- Primarily consists of guarantee net interest income in Single-Family. We consolidate most of our...
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Do you smoke weed? Have you been vaccinated against COVID? Too early in the workweek for those questions? (Is it okay to ask if someone’s been vaccinated against polio?) Some questions aren’t, can’t be, shouldn’t be, are too politically charged to be, asked. We don’t want to need a lawyer to have a conversation with a co-worker or underling. This one is a little easier: What percent of outstanding MBS (mortgage-backed securities) is owned by the Federal Reserve? The answer is 30 percent . That’s a lot. Smarter ...
Homepoint, an Ann Arbor, Mich.-based mortgage origination and servicing company, is expanding its program offerings to help additional eligible low-income borrowers take advantage of low interest rates to lower their mortgage payments. Homepoint now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate by a minimum of 50-basis points and save on monthly mortgage payments.