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One of the biggest U.S. lenders is offering 0%-down-payment mortgages for first-time home buyers....
Market Watch· 7 days agowill give eligible buyers a second-lien loan of up to $15,000, in the form of down-payment...
CFPB To Probe Home Sale Closing Costs
Investopedia· 21 hours agoBuyers are faced "dozens" of fees in a typical home closing, leading to added expenses that are hard to get around, the CFPB said. Should the CFPB's...
Bulletproof to bust: Top AAA bonds tarnished by Blackstone office deal’s blow up
Market Watch· 12 hours agoThe loss was so steep it wiped out several layers of bonds, including part of the top $157 million...
New Talus agreement 'paves the way' for a new developer if June deadline is missed
The Desert Sun via Yahoo Finance· 2 days agoComing out of the pandemic, Green engaged with several new lenders to refinance much of the project. Since then, the project has seen delays, such as in 2022 when Green said ...
Sellers can help buyers with permanent fixed rate buydown to 5.99%
Orange County Register· 6 days agoOn $750,000 the principal and interest payment are $4,492 at 5.99%, respectively. The seller’s buydown cost would be $17,700. The payment is reduced by $372 (7.6%) per month with the buydown ...
Las Vegas builders optimistic about market
Las Vegas Review-Journal· 6 days agoThere’s a lot of buyers thinking this is temporary, and that they will be able to refinance off this higher interest rate in 2025, Lay said. “We had a...
Michigan Avenue office landlord hit with $29 million foreclosure lawsuit
Crain s Chicago Business· 1 day agoLandlords grappling with severely weakened demand for workspace and higher borrowing costs making it difficult to pay off maturing debt have fueled a wave of foreclosure lawsuits and lenders ...
Louisville summer housing forecast: Buyers, sellers expect busy season
The Courier Journal via Yahoo Finance· 3 days agoThis April, that figure is about 99% of the listing price. “You should be able to get a...
City National, 'Bank to the Stars,' aided a Ponzi scheme, lawsuit says
Los Angeles Times· 3 days agoWhen Blake Whitmore pays his mortgage every month on his Marin County home, he winces. The elevator...
Two years after a tornado, Forada finds a new sense of community
MPR News· 19 hours agoOn May 30, 2022, an EF-2 tornado leveled much of Forada. Since then, the small west-central town has...