Fintech Upright launches DSCR rental loan

Cleveland, Ohio-based fintech Upright has launched a debt service coverage ratio (DSCR) rental loan to investors, the company announced on Monday. DSCR rental loans are non-qualifying mortgages (non-QMs) used by real estate investors to qualify for a loan based on their property’s cash flow without
Read MoreWill home prices continue to grow in 2024?

A few months ago I published a video where we asked, “How much will home prices gain by the end of the year?” Using a headline like that should come with a trigger warning. We could see that home prices were inching up, but there are many who think that home prices are currently falling. Even this w
Read MoreEx-employee sues UWM for racial discrimination

A former account executive is accusing United Wholesale Mortgage (UWM), the top mortgage lender in the country, of racial discrimination, hostile workplace environment, harassment and retaliation, according to a lawsuit filed on Dec. 8 in a district court in Michigan. Corey Tucker, a Black man who
Read MoreRE/MAX closes out fall months with new top-producers, franchisees

RE/MAX has seen a steady stream of agents and new franchisees over the past three weeks.In late November, the firm announced that Elizabeth Ruehrwein, a top agent in the Rehoboth, Massachusetts area joined RE/MAX Integrity, leaving Lamacchia Realty, previously known as Keystone Property Group.Ruehrw
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