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For Low-Tax States, Four People Move In For Every One Person Who Leaves

For Low-Tax States, Four People Move In For Every One Person Who Leaves

by Third Party | May 22, 2021 | Industry Updates, News/Current Events

Source: Redfin —  The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in. One in five homebuyers cite lower taxes as one reason for their decision to move to a different area. For states with the lowest...
A Flood of Borrowers Will Exit Forbearance This Year: What Lenders Should Know

A Flood of Borrowers Will Exit Forbearance This Year: What Lenders Should Know

by Third Party | May 22, 2021 | Industry Updates, News/Current Events

Source: Maxwell —  As of May 11, over 2 million homeowners remain in forbearance plans related to COVID-19, according to Black Knight data. The good news: Forbearance volume has declined steadily over the month across all types of loan plans. But even as...
Senators reintroduce bill to allow remote online notarizations

Senators reintroduce bill to allow remote online notarizations

by Third Party | May 21, 2021 | Industry Updates, Mortgage Information, Real Estate News

Source: Housing Wire —  Could it finally be happening? Senators Mark Warner (D-Va.) and Kevin Cramer (R-N.D.) have reintroduced federal legislation that would allow remote online legislation (RON) nationwide.  Dubbed the Securing and Enabling Commerce Using...
Low-tax states are winning the real estate battle

Low-tax states are winning the real estate battle

by Third Party | May 20, 2021 | Industry Updates, Real Estate News

Source: Housing Wire —  For every one person who left low-tax states in the last eight years, an average of four people moved into those same states, according to a new report from Redfin. The trend is reversed in high-tax states, where an average of 2.5 people...
Home-Builder Confidence Remains Strong, but Buyers Should Expect Rising Prices

Home-Builder Confidence Remains Strong, but Buyers Should Expect Rising Prices

by Third Party | May 19, 2021 | Industry Updates

Source: Realtor . com —  The numbers: Despite a multitude of factors making construction more challenging, home builders remained confident in the state of the housing market, according to an industry trade group. The National Association of Home...
Big name to leave JPMorgan

Big name to leave JPMorgan

by Third Party | May 19, 2021 | Industry Updates, News/Current Events

Source: MPA —  JPMorgan Chase & Co. elevated Marianne Lake and Jennifer Piepszak to co-heads of consumer and community banking, placing them a step closer to potentially succeeding Jamie Dimon as chief executive officer of the nation’s largest bank. The...
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