Achieve expands fixed-rate HELOC with $700,000 cap
Achieve has expanded its fixed-rate home equity line of credit (HELOC) program, raising the maximum loan amount to $700,000 and lowering its lowest available annual percentage rate to 5.5% for qualified borrowers, the digital personal finance company said Wednesday. The changes, which took effect Ju
HECM broker rankings hold steady in March as Atlantic Avenue stays at No. 1
The country’s largest reverse mortgage brokerages based on February activity continued to set the pace in March across the Home Equity Conversion Mortgage (HECM) space, according to endorsement data released Thursday by Reverse Market Insight (RMI) and published by HECMWorld.com. The top five broker
Newfi integrates Prudent AI for non-QM income analysis
Newfi Lending has integrated Prudent AI’s income analysis engine into its broker portal, giving brokers near real-time calculations for non-QM loans and cutting bank-statement turn times from roughly 72 hours to as little as three, the companies announced Wednesday. The new IncomeIQ portal, built on
Lawmakers urge FTC to probe real estate referral practices
Two federal lawmakers are urging Federal Trade Commission (FTC) Chairman Andrew Ferguson to investigate the referral practices of online real estate platforms. In a letter sent to Chairman Ferguson last Friday, Representatives Jennifer McClellan and Donald Beyer, both Democrats from Virginia, claim
