Massachusetts residents working at banks, credit unions and mortgage companies have contributed about $57,000 to presidential campaigns in 2020, according to data through Oct. 14 from the Federal Elections Commission.
In its second quarter earnings call, Zillow announced it was hitting pause on plans to expand its mortgage business – for now.
First-time and move-up homebuyers with heavy debt loads, low credit scores and small down payments face a daunting new mortgage hurdle: The Federal Housing Administration is toughening its underwriting standards. Large numbers of applications could be turned down in the coming months as a result.
