A&D Mortgage has debuted a mortgage program designed to provide new homeownership options for non-permanent residents who have an individual taxpayer identification number issued by the IRS.
New legislation that would make it easier for workers in the legal cannabis industry to receive mortgage financing is unlikely to pass the Senate in 2024.
The amount of fix-and-flip properties sold in the third quarter of last year was down slightly but investors are hopeful that the market will pick up steam in 2024.
While the retail channel remained the predominant source for jumbo lending, originations through the channel fell 9.0% from the second to the third quarter. Correspondents and brokers gained share. (Includes data table.)