Charlotte-based mortgage lender Cardinal Financial on Monday launched a new product suite to help mortgage brokers reach nontraditional borrowers. The lender’s wholesale division is now offering a nonqualified mortgage (non-QM) loan product suite aimed at serving consumers who have outside-the-box financial profiles. Karl Benjamin, the company’s executive vice president of wholesale, highlighted the new products…
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The National Association of Realtors (NAR) hasn’t been shy about trying to dismiss the growing crop of lawsuits alleging that its three-way membership agreement structure constitutes an antitrust violation, and things are no different with the Eytalis suit in Texas. On Thursday, NAR and the two other defendants in the case, the Texas Realtors (TR)…
Donald Trump has paused his proposed tariffs on Mexican and Canadian goods, but he is planning a new tariff on steel and aluminum imports. The president is expected to impose a 25% tariff on all steel and aluminum imports on Monday, thrusting homebuilders back into a situation where a tariff on building materials could raise…
As the month of love commences and Valentine’s Day is just around the corner, the phrase “building a future together” has never been more relevant as a new dating app designated for homeowners is about to hit app stores. Designed to help users find “lifestyle matches,” Nest Friends specializes in homeowner lifestyles and niches —…