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And the Trump administration wants to change that and bring more certainty around FHA lending. mortgage market, Montgomery said. “I think the previous administration made some moves in the right.
For example, if a prospective borrower’s income decreases during the origination process, the system could automatically obtain this information from his bank deposits and provide an alternative.
Mortgage loans can seem that way, too. But at Premier Mortgage Lending it’s different. Banks and mortgage banks choose to make up that income with a little sleight of hand. Many consumers don’t.
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· Australian mortgage trusts have continued their rapid comeback, growing 61 per cent over the past year, SQM Research says in an annual review.
Mortgage lending still was at one of its highest first-quarter levels in almost a decade. But the pullback came amid higher borrowing costs and a shrinking inventory of listings that’s giving cash.