Tag Archives: Down Payment Assistance

Mark Tribuna of CRA Note Exchange discusses how the secondary market has transformed from trading exclusively second-mortgage down payment assistance loans to also handling first-lien notes for affiliates of Habitat for Humanity International.

HUD’s Affirmatively Furthering Fair Housing Rule seeks to provide for more robust community engagement, streamline processes for funding recipients, and provide greater transparency.

In this newly created role, Alicia Wood will be tasked with administering CBC’s entire loan servicing operation and responsible for servicing oversight and loss mitigation activity on all first and second mortgages, as well as agency and investor reporting.

More than 40% of those who have never owned a home, primarily renters, still believe that a 20% down payment is required to own a home.

American Mortgage Diversity Council Chair Tai Christensen discusses the importance of the Juneteenth holiday on the housing marketplace, and the D&I efforts the industry are taking to move forward.

Through a new $3 billion bond initiative, Freddie Mac seeks to create more opportunities for families to access quality housing.

Demand continues to overshadow supply in the housing market, but a combination of manufactured homes and down payment assistance may ease this burden.

Fifth Third Bancorp announced John Adam will join Fifth Third Mortgage as National Sales Leader and will aid in the company’s community commitment.

Claims from the HUD Office of the Inspector General that down payment assistance programs are harmful may be mistaken.

Wells Fargo & Company is teaming with several housing organizations to announce the formation of the Cincinnati chapter of the Wells Fargo NeighborhoodLIFT program, an initiative designed to offer $5.2 million from Wells Fargo to improve Cincinnati neighborhoods and increase homeownership in the area.