The Consumer Financial Protection Bureau (CFPB) is backing the elimination of the debt-to-income (DTI) requirements in the mortgage process. Over the past few months, multiple large lenders including Bank of America, Quicken Loans, and Caliber Home Loans as well as...
It’s important that we all keep an eye on rates. Moving forward is more important than looking back. Rates went up quite a bit recently, but have already dropped about 20 BPS from their highs. Today, the FED is expected to lower rates by 25 BPS. That’s old news unless...
We’ve all heard the phrase, “What goes up must come down – and visa-versa.” The trade negotiations with the US and other foreign nations is like playing with that phrase at extreme levels. The US and Japan have just announced a trade agreement that will add “0.5-1.0%...
Yesterday, the White House shared an executive memorandum for HUD and the Treasury Department to develop a plan to end the conservatorship of Fannie Mae and Freddie Mac. In the memo from the current administration, they believe the housing finance system is overdue...
The conversation around the Deferred Action for Childhood Arrivals (DACA) program and its recipients has left many people wondering about their dreams of home ownership. In this article, we’ll discuss the myths and questions about DACA recipients and their ability to...
Tempe, AZ –. On Q Financial, Inc. announces an innovative Multicultural mortgage platform to serve people in their own language. On Q now offers support and documentation in 4 languages including Spanish, Russian, Simplified Chinese, and Vietnamese. Alex Suarez, On...
