Bank of America has announced collaborations with Enterprise Community Partners and developers to preserve housing for middle-income earners, helping preserve more than 3,000 affordable homes nationwide.
Read More »Older Homeowners Plan to Stay Put
Most Americans over the age of 45 who already have a house do not intend to sell, a factor that will continue to exacerbate nationwide home inventory shortages.
Read More »Gen Z Reacts to Inflation by Seeking Additional Incomes
A recent Bank of America survey revealed that as inflation persists, an estimated 75% of young adults are seeking more ways to earn additional income, as challenges of achieving their financial goals remain constrained.
Read More »Consumer, Median Mortgage Payments Rise in September
As escrow and title payments turned negative in 2022, new data from Bank of America showed that median mortgage payments rose nearly 9% in September, while total payments increased 10% year-over-year.
Read More »BofA Launches Program to Help Clear Hurdles for Minority Homeowners
Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
Read More »Millennials Represent Largest Share of Adults Buying Homes
One-third of millennials say they feel pressured into buying a home at their age, while 43% are looking to buy to start building equity.
Read More »Deephaven Mortgage Appoints Lisa Heitzmann as COO
Lender taps new Chief Operating Officer to manage operations and underwriting teams in assisting non-QM/non-agency loan candidates.
Read More »Kevin Laffey Promoted to Inlanta’s SVP of Sales
Thirty-year mortgage industry vet tapped to oversee new business growth for 39 branch offices and a network of more than 300 mortgage professionals.
Read More »Which Mortgage Lenders Are Earning High Marks?
Anyone who has applied for the mortgage knows that it is an ordeal, to put it lightly, and having the right lender can make a world of difference. Knowing this, Bankrate has scored ...
Read More »loanDepot Appoints Bill Wied SVP and CTO
Digital expert joins company's leadership to attract top technology talent, while fostering a strong culture of innovation and technical excellence.
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