Romspen Is Withholding Partial Redemption Payments In August. They Cite Poor Loan Performance. Or Is It Just Cover For A Shell Game? Canada’s largest private mortgage lender is at it again. Romspen is withholding partial redemption payouts to investor for the fourth time in under a year. The Canadian lender is citing weak loan repayments […]
Romspen Investor Warning: Canadian Lender Froze and Has Reduced Investor Redemptions for Nearly A Year. Have They Become The Roach Motel Of Commercial Lending? This Romspen investor warning is going out to all our readers who invest in commercial real estate. It appears Canadian real estate lender Romspen has become the Roach Motel of the […]
The CFPB Has Reached A $2.75 Billion Settlement With Lexington Law And CreditRepair.com The CFPB announced it has reached a $2.75 Billion settlement with Lexington Law and other larger credit repair brands. The settlement follows a court ruling indicating companies used telemarketers to collect illegal advance fees for credit repair services. The settlement bans companies […]
Zillow Home Loans Launches 1% Down Mortgages In An Attempt To Compete With Rocket And UWM Zillow Home Loans announces it is launching a 1% Down Payment program. The new Zillow program would allow eligible first-time home buyers to pay as little as 1% down on their next home purchase. Right now, Zillow is only […]
The Mortgage Bankers Association Says Mortgage Payments Increased 17% Annually As Homebuyer Affordability Becomes More Challenging The Mortgage Bankers Association says homebuyer affordability remained unchanged in July from June. However, mortgage payments increased 17% from last year. The MBA’s Purchase Applications Payment Index (PAPI) measures how new monthly mortgage payments vary across time. The index […]
Speak to a specialist at (888) 737-6344
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
