New AI-based iAnalyze joins a line designed to streamline loan processes for mortgage brokers and correspondents to meet the demands of non-QM financing.
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Declining Affordability Suppresses Housing Demand
The Federal Reserve Bank of Atlanta has found that affordability has declined for five consecutive months, with the supply of available homes nationwide plummeting to just one month amid continued high demand.
Read More »Housing Payments Cutting Deeper Into Monthly Income
With housing prices on the rise, an increasing amount of monthly income is being dedicated toward housing, with rent paid as a share of income forecast to exceed 30% by December.
Read More »Fannie Mae Opens the Door for Renters to Become Homeowners
New underwriting changes will allow the GSE to incorporate consistent rent payment history in evaluating credit to qualify more borrowers for mortgages.
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