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Non-conforming loans are mortgages that aren't eligible for sale to Fannie Mae and Freddie Mac, the two government-sponsored enterprises that back much of the U.S. mortgage market.
Subprime mortgages — also known as non-prime mortgages — are for borrowers with lower credit scores, typically below 600, that prevent them from being approved for conventional loans ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news. ... according to its weekly Prime Mortgage ...
In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. [1] Historically, subprime borrowers were defined as having FICO scores below 600, although this threshold has varied ...
Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, the Federal ...
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Freddie Mac reports an average 7.22% for a 30-year fixed-rate mortgage, up 5 basis points from last week's average 7.17%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
Union Home Mortgage is an American mortgage loan company based in Strongsville, Ohio. [1] Founded in 1970, [ 1 ] the company reports that it operates in 44 states plus Washington, D.C. , with over $5 billion in annual lending volume. [ 2 ]
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