Mortgage

DSCR Loans For Real Estate Investors Using LLCs — Now Allowing Up To 8 Members

Real estate investors often choose to purchase and hold rental properties through a Limited Liability Company (LLC) for liability protection, partnership structures, and...

Mortgage vendor sues former exec for poaching lender clients

A mortgage vendor is suing one of its former executives for starting a competing company while employed and soliciting some of its bigger-name...

Light Week for Economic Data Means Flat Mortgage Rates Likely

There isn’t much on the economic calendar this week, meaning mortgage rates will likely print flat.This differs from last week, when we managed...

Bank of Canada surveys show war boosted inflation expectations, investment

The war in Iran caused a spike in Canadian inflation expectations and is leading the country’s oil producers to boost their investment and...

Private residential construction spending increases again

Private residential construction spending increased modestly in May, driven primarily by remodeling, a new industry report found.Processing ContentAccording to the latest construction spending...