Rocket Pro TPO announced on Monday the promotion for agency mortgages on non-owner-occupied homes, lauding it as a "huge win."
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three years.
The FHFA has published a final rule amending the GSEs' Enterprise Regulatory Capital Framework on commingled mortgage securities.
Most successful loan officers get their business from buyer agent referrals. If buyer agents suddenly become less prevalent, loan officers will be forced to forge new relationships with listing agents, which historically has not been easy.