Source: Star Tribune — President Joe Biden’s idea to generate more affordable housing by tying federal infrastructure moneys to states’ progress in reforming zoning and land use regulations is a good one. Elimination of certain types of exclusive...
Source: Housing Wire — Last year, during the throes of COVID-19, I expended many words arguing that the U.S. economy would be OK despite the dark period we were in. We just needed patience. We aren’t in a housing bubble. Today we are enjoying the most...
Imagine a home buyer that decides to do their own title work. They watched a couple of youtube videos and printed some forms on google, so they are now an expert. Seems a bit crazy, right? Similarly, the government got involved in health insurance. The spend some...
Source: Scotsman Guide — Over 600,000 Latinos bought a home using a mortgage in 2020, an increase of 13% from the previous year. That’s according to the 2020 State of Hispanic Homeownership Report, released this week by the National Association of Hispanic Real...
Source: Housing Wire — Following an incredible year for refinances that mostly benefited wealthier borrowers, the Federal House Finance Agency announced it is implementing a new refi product that targets low-income borrowers with single-family mortgages backed...
Source: CFPB — WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to October 1, 2022. The CFPB is taking this action to help...
Hits and Misses for the Real Estate Week of April 27-May 1
