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There will still be a verification process, Fisher suggested, but not as traditionally stringent: “We will consider your previous year’s W2 and make sure you’re in the same industry, but you own the company now. And we need to see you’re…
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Refinance applications posted a 5% increase – bouncing back from a 13% plunge the week before – while purchase applications slid 3% week over week. Due to rising rates and the slower pace of mortgage application activity, mortgage…
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Delinquency rates of commercial and multifamily mortgages hovered near record lows in the third quarter of 2022 despite a challenging market environment. In its latest report, data from the Mortgage Bankers Association revealed that the…
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