According to a new study from My Perfect Mortgage, Detroit and Cleveland are among the top cities for single-family rental cash flow, while eight out of 10 of the worst are located in pricey California metros.
Read More »Ginnie Mae MBS Portfolio Expands to $2.3T
Ginnie Mae’s mortgage-backed securities outstanding portfolio grew for the 14th consecutive month in August, hitting $2.269 trillion, up from $2.248 trillion in July, and $2.119 trillion last year. This growth was fueled by steady new issuance of Ginnie Mae MBS ...
Read More »FinTech’s Influence on Home Financing
Much of the real estate market has made strides in integrating fintech. Here's how new technology is changing housing for the better.
Read More »Fannie Mae: The Questions Homeowners Need Answered
Many consumers are still under-educated when it comes to their home financing options. Here's how lenders and servicers alike can improve homeowner knowledge.
Read More »Consumer Confidence Doesn’t Reflect Facts
More consumers believe they would get rejected for a mortgage, but recent data shows different. While 41.4 percent of consumers felt like they would be rejected if they were to apply for a mortgage, February data shows that only 13.3 percent of mortgage applications get rejected.
Read More »New Investors, Here is What You Need to Know About the SFR Market
DS News recently talked with Fiona Simmonds of B2R Finance and Mike Ryan with RE/MAX about opportunities for new investors in the single-family rental space, what they need to know, and the role technology plays in the transition.
Read More »Survey: Misconceptions Holding Back Homebuying
While nearly seven in 10 Americans agree that now is a good time to become a homeowner, a large number remain reluctant due to their own misconceptions of the financing process, according to survey results. For example, Wells Fargo reported, 30 percent of respondents expressed belief that only people with high incomes can obtain a mortgage at this point, and 64 percent said they believe only those with a "very good"” credit score can buy a home right now.
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