By Rob Chrisman

Posted To: Pipeline Press

Quicken Loans, besides raising $1.25 billion in debt (leaving folks wondering if that is what attorneys to fight HUD & the DOJ cost these days), released its April Home Price Perception Index (HPPI) and Home Value Index (HVI). On a national level, the HPPI for April indicated that appraiser home value estimates is 0.69 percent below homeowner opinions , the index was 0.40 percent a month earlier. April is the third consecutive month where appraiser opinions are below homeowner opinions. SoFi , which got its start financing and refinancing student loans , went into residential lending last year and a couple weeks ago began offering personal loans . And loanDepot announced that it has also begun to offer both home loans and personal loans . Maybe the non-depository industry is realizing that…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: Residential Lenders Go Into Personal Loans; Regulations Driving M&A; Cordray Addresses TRID Fears

      

Share this article

Written by : Mortgage News Daily

Latest articles