Sentences with phrase «loan originated according»
There are some stipulations: first, if you want to refinance, your current loan has to be a Fannie Mae loan originated according to Fannie Mae guidelines.
http://www.loanbiz.com/ Not exact matches
According to the Bank of Canada, close to half of all high - ratio mortgages originated in Toronto were to borrowers with loan - to - income ratios in excess of 450 per cent.
Founded in 1985, the company originated 512,309 loans in 2015, according to data from the Consumer Financial Protection Bureau.
That's one reason that, according to MeasureOne's data, about 90 percent of newly - originated private student loans (by dollar volume) are made to undergraduates.
But for loans originated on or after December 1, 1986, the new buyer must qualify according to FHA underwriting standards.
As The Wall Street Journal reports, lenders originated $ 235 billion in mortgage loans during the January - March quarter, down 58 % from the same period a year ago and down 23 % from the fourth quarter of 2013, according to industry newsletter Inside Mortgage Finance.
However, according to the lending industry publication Inside Mortgage Finance, one out of every 10 new home loans originated in 2013 came through a mortgage broker.
According to the Bank of Canada, close to half of all high - ratio mortgages originated in Toronto were to borrowers with loan - to - income ratios in excess of 450 per cent.
According to the National Reverse Mortgage Lenders Association's assessment of HUD data, the reverse mortgage market is relatively small, with only 1.04 million loans originated since 1990.
According to a recent HECMCounselors.org training manual on reverse mortgages, these rates have come to be a favorite in the HECM marketplace since 2009, with about 67 % of originated reverse mortgage loans having a fixed rate.
Figures were not yet available for the full third quarter, but JPMorgan originated 97 FHA loans in July and August, according to the center's data.
According to the Mortgage Bankers Association's National Delinquency Survey, over 20 percent of subprime ARMs were seriously delinquent in the fourth quarter of 2007, and over 14 percent of all subprime mortgages were seriously delinquent.2 Data available on privately securitized subprime loans also show that loans originated in 2005 or later have become seriously delinquent much more quickly than loans originated in prior years.
The share of purchase and refinance loans originated by nonbanks are at their highest point since at least 1995, according to an analysis of new Home Mortgage Disclosure Act data.
About 30 % of the loans that are originated by banks, and 100 % of those issued by automaker financiers, are, like mortgages, repackaged and sold as securities, according to the Consumer Bankers Assn..
That's one reason that, according to MeasureOne's data, about 90 percent of newly - originated private student loans (by dollar volume) are made to undergraduates.
As noted in a 2012 study conducted by the CFPB and the Department, according to the commenter, private student lenders have directly originated loans to students, sometimes without the school's knowledge.
According to HUD, 54,822 reverse mortgage loans were originated in 2012 in contrast with the 114,692 loans originated in 2009.
WASHINGTON, D.C. — According to a survey released by the Mortgage Bankers Association of America (MBA), secondary mortgage market companies Fannie Mae and Freddie Mac funded the largest share of loans originated by...
In 2015, alternative lenders originated 68 percent more loans than the year prior, according to the Mortgage Bankers Association.
The volume of loans originated to apartment properties grew 63 percent in the first half of this year, compared to the year before, according to MBA.
WASHINGTON, D.C. — According to a survey released by the Mortgage Bankers Association of America (MBA), secondary mortgage market companies Fannie Mae and Freddie Mac funded the largest share of loans originated by commercial mortgage members of the MBA.
ORLANDO — Commercial and multifamily mortgage bankers originated real estate loans totaling $ 73.8 billion during 2001, a 19 % increase over the $ 62 billion reported for 2000, according to the Mortgage Bankers Association of America (MBA).
According to the Federal Reserve Board, non-revolving credit held by the federal government includes student loans, both originated and purchased.
Lenders continued to increase the amount of capital available for commercial and multifamily real estate loans in the second quarter, even after they originated a record volume of loans in 2013, according to MBA's «Mortgage Debt Outstanding» report.
Lenders will keep pouring money into apartment properties over the next two years, originating about the same volume of loans in 2016 and 2017 — with slight increases — that they are likely to close in 2015, according to the latest...
The total dollar amount of purchase loans originated in the first quarter was an estimated $ 146 billion ($ 145,693,394,297), down 11 percent from the previous quarter but up 8 percent from a year ago, according to RealtyTrac's figures.
The experienced professionals of the Cincinnati office have originated many loans with loyal borrowers through doing several things very well: understanding borrowers» financing goals; assuring the loans are accurately and thoroughly presented to lenders; making sure loans are approved and closed according to the loan applications.
Social Finance Inc., a San Francisco - based online lender that refinances government - backed student loans, is originating about $ 50 million a month of loans like the one it made to Patmont, according to Chief Executive Officer Mike Cagney.
Lending institutions and loan officers are listed in each geographic area according to the number of Agency loans they have originated in the past year.
However, according to Yardi Matrix data, the new owner assumed the outstanding balance of a $ 65.6 million loan, held by Fannie Mae and originated by M&T Bank in June 2015.
Independent mortgage bankers and subsidiaries made an average profit of $ 902 on each loan they originated in the third quarter of 2009, according to the Mortgage Bankers Association.
According to the MBA, the «net cost to originate,» which includes all production operating expenses and commissions, minus all fee income, but excluding secondary marketing gains, capitalized servicing, servicing released premiums, and warehouse interest spread, was $ 5,038 per loan in the third quarter, down from $ 5,074 in the second quarter.
In the first quarter of 2010, the delinquency rate on commercial / multifamily loans originated by life insurance companies was below 0.5 percent, according to Savills.
• Purchase non-performing first and second lien bank notes: Non-performing bank notes are bank - originated loans that are no longer performing according to the terms they were written — they're not generating income.
Founded in 1985, the company originated 512,309 loans in 2015, according to data from the Consumer Financial Protection Bureau.
CMBS lending plunged, and it's still well off last year's pace: In the Chicago area, lenders have originated $ 456 million in CMBS loans this year, down from $ 816 million over the same period last year, according to Trepp.