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Corresp., AE, LO Jobs; Digital, Warehouse, Processing, Pricing Products; Freddie and Fannie News


Corresp., AE, LO Jobs; Digital, Warehouse, Processing, Pricing Products; Freddie and Fannie News
Apr 29 2021, 8:30AM
A “google” is the large number of 1 with 100 zeroes after it. For lenders, a billion is a large number, and it would be unheard of for a lender to save $1 billion in costs. But that is what Google’s parent Alphabet Inc. is saving, per year in costs, because employees are working from home, not traveling, not paying for company promotions, travel, or entertainment. (Wing is also a company owned by Alphabet, and is a drone company delivering Girl Scout Cookies to an area in Virginia.) While lenders are focused on the cost to manufacture a loan, and CEOs are busy educating their staffs about existing costs and reducing them, other people are… trying to sell an island in Florida at $3 million per bedroom? Hope your plumbing doesn’t back up, or that you forgot to buy basil for that pasta sauce you’re making tonight. Don’t ....

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Legislature Must Create More Opportunities for Black Homeownership - Los Angeles Sentinel


Legislature Must Create More Opportunities for Black Homeownership
By Willie Ellison COO Southern California Black Chamber of Commerce
Published April 8, 2021
Willie Eliison (Courtesy Photo)
As one of the leaders of the Southern California Black Chamber of Commerce, I have witnessed many success stories in the Black business community; small businesses that have grown into corporations, local restaurants that have become pillars in their community, entrepreneurs who have taken a vision and succeeded at something no one else has done. But for every success story there are countless others who have the talent, intelligence, and vision to succeed, but lack the opportunity because they are trapped in a cycle of financial uncertainty. Far too many Black Californians are living paycheck to paycheck, never able to get ahead, in large part because of the unsustainably high cost of housing in California. ....

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California First-Time Home Buyer Assistance Programs for 2021


California First-Time Home Buyer Assistance Programs for 2021
California First-Time Home Buyer Assistance Programs for 2021
First-time home buyers in California have a number of financial assistance programs that will help them purchase real estate.
Margaret Heidenry, provided by
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First-time home buyers are often daunted by the financial hurdles of buying a house particularly in California, a state famed for many of the most desirable (and expensive) real estate markets in the country, from Los Angeles to San Francisco and beyond.
But the good news is that many first-time home buyers in California qualify for special loans and financial assistance that can lower the costs of homeownership. While these programs are geared toward home buyers with low or moderate income, many may qualify who might not realize they do so it s definitely worth checking out if you re stressed about making those monthly mortgage payments. ....

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2021 California first-time homebuyer assistance programs


2021 California first-time homebuyer assistance programs
Bankrate
12/22/2020
© George Steinmetz/Getty Images
Aerial view of Los Angeles homes
Buying a home for the first time can leave you with serious sticker shock. That s especially in true in California which has some of the highest property prices in the country. Those looking to crack the homeownership barrier in the Golden State can take advantage of several programs to help with down payment and closing costs.
The California Housing Finance Agency, or CalHFA, offers a comprehensive selection of homebuyer assistance programs, mostly geared toward first-time homebuyers with low or moderate incomes. In California, you re considered a first-time homebuyer if you haven t owned and occupied a home in three years. ....

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