MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

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United Wholesale Mortgage Expands Buydown Options

United Wholesale Mortgage has expanded buydown options, building on a trend of lenders offering home buyers concessions. So reports RealTrends.

UWM 150x150UWM previously rolled out a sell-paid buydown option. Recently, it added a lender-paid version too.

The wholesale mortgage originator was one of the earliest to revive 2-1 and 1-0 temporary buydowns, which had been rarely seen in recent years.

Read the full article from RealTrends.

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