Top Headlines
Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Dwell Equities agreed to stop engaging or continuing a foreclosure rescue service or engage in equity stripping. Continue Reading Minnesota Foreclosure Rescue Service in $240K Settlement Over Compliance Errors
Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
The court’s 5-2 ruling determined that a “residence” is not synonymous with a permanent presence. Continue Reading Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
NAR Seeks Appeal of Decision Reopening Justice Dept. Probe
“The panel’s errors are far-reaching and exceptionally important,” said NAR in its filing. Continue Reading NAR Seeks Appeal of Decision Reopening Justice Dept. Probe
Real Estate Attorney Douglas Heitner Joins Latham & Watkins
He was formerly chief legal officer at the real estate investment trust Safehold. Continue Reading Real Estate Attorney Douglas Heitner Joins Latham & Watkins
Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud
Danielle Riley Keogh said the foreclosure sale is based on fraudulent paperwork. Continue Reading Elvis Presley’s Granddaughter Fights to Stop Graceland Foreclosure Sale, Claiming Fraud
Wraparound Mortgage: What Is It And How It Works
Source: Forbes --- If you’re having trouble qualifying for a traditional mortgage, there may be another financing option available. A wraparound mortgage is a form of seller financing that’s designed to benefit both parties in the purchase. Buyers may have a better...
It’s bad enough mortgage rates are over 7% – now it’s harder to qualify for a home loan
Source: CNBC --- It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the popular 30-year fixed mortgage climbed over 7% at the end of last week, according to Mortgage News...
Hedge Fund Investor Who Called Housing Crash Eyes Venezuela Debt
Source: Yahoo Finance --- A hedge fund manager who correctly timed the crash of the US housing market and a crypto currency rally eight years ago thinks he’s found his next overlooked investment: Venezuelan debt. Bonds the country defaulted on nearly five years ago...
US Housing Market Cooling Off from West to East
Source: Fitch Ratings --- Fitch Ratings-New York-10 October 2022: Fitch Ratings estimates that U.S. home prices were overvalued by 12.2% for 2Q22 on a population-weighted average basis, according to a new Fitch Ratings report. Fitch expects that the overvaluation will...
What Is Metaverse Real Estate?
Source: Binance Academy --- Introduction The concept of the metaverse and digital real estate go hand in hand. But like many crypto trends, media coverage hasn't provided sufficient clarity. Just as it is with any other investment, it’s crucial to grasp the idea of...
‘Kicking myself I didn’t move faster’: fear and panic grips housing market
Source: The Guardian --- The phone has all but stopped ringing at Mullucks estate agent in Bishop’s Stortford – except for calls from buyers with bad news about collapsing chains. Since the chancellor Kwasi Kwarteng’s mini-budget two weeks ago, a chill has spread...
Zero-Down USDA Mortgages Aren’t Just for Farmers
Source: Yahoo Finance --- If you thought USDA loans were just for rural farmers, you wouldn't be the first person to make that mistake. After all, the program is available through the United States Department of Agriculture, and the Rural Development (RD) office...
Mortgage rates are up, sales of homes are down
Source: NPR --- AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now than...
International Conference For The Brightest Minds In Finance & Insurance
AGENDA AT-A-GLANCE Event Schedule Our exciting USA edition brings to you the latest happenings in the world of money and valuable info on the changing global financial landscape. As we focus on the revival of the economy after the COVID-19 pandemic, it is essential...
6 Mortgage Options for Seniors
Source: Total Mortgage --- Mortgage rates are on the rise, but that doesn’t mean retirees can’t take advantage of mortgage options for seniors, allowing them to downsize, purchase a second property, or take advantage of their home equity to pay off debt or make home...
