If Biden Doesn’t Enact Student Loan Cancellation, Here Are 5 Reasons Why

President Joe Biden (Photo by Scott Olson / Getty Images) Getty Images If President Joe Biden does not enact wide-scale student loan cancellation, here are 5 reasons why. Here’s what you need to know – and what it means for your student loans. Student Loans Biden is actively considering whether to cancel student loans for … Read more

Is the Adjustable-Rate Mortgage Making a Comeback?

Adjustable-rate mortgages are most widely used in expensive metro areas Housing affordability in the US is deteriorating as housing prices continue to increase at a record- pace along with rising mortgage rates.[1] Between December 2020 and March 2022 the average mortgage rate on 30-year, fixed-rate mortgages (FRM) jumped up by 149 basis points or 1.49%, … Read more

Navigating a shifting market with non-QM loan options

In an effort to counter margin compression and satisfy a new generation of homebuyers, lenders are looking to offer loan options that better fit the average borrower. HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market. HousingWire: In today’s tight … Read more

No-Doc Mortgage Loans: What Are They and How Do They Work?

Potential homebuyers who are not employed full-time or whose income is considered irregular may not have the proof of employment typically associated with a mortgage. However, these consumers do not have to abandon their dreams of becoming homeowners altogether. Instead, they could qualify for a no-documentation mortgagealso known as a no-doc mortgage, no-income verification mortgage, … Read more

How FHA 203K Loans Work and How to Qualify

For buyers working with a budget or current owners looking to upgrade their home, an FHA 203k loan comes with many benefits. Not only do FHA 203k loans wrap your renovation costs and mortgage into one payment, but it typically has easier income and credit requirements as well as a low down payment option. Here’s … Read more

Ethos Asset Management Inc., USA Announces Deal with Ecom Mortgage, Inc., to Grow its Core Mortgage Brokering and Banking Business by Increasing its Assets Under Management

Partnership Provides Long Term Financing to Ecom Mortgage, already established in the industry as a full-service direct mortgage lender with an outstanding team offering expertise in every area of ​​mortgage lending, from purchasing to refinancing to construction lending. SAN DIEGO, May 6, 2022 / PRNewswire / – ETHOS ASSET MANAGEMENT INC USAin cooperation with Attributed … Read more