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Ex-Employee Sues NAR for Discrimination and Sexual Harassment
Roshani Sheth was a NAR project manager from 2014 to 2019. Continue Reading Ex-Employee Sues NAR for Discrimination and Sexual Harassment
Ex-Illinois Bank President Admits to Real Estate Fraud Schemes
Steven Cook’s sentencing hearing has been set for Sept. 19. Continue Reading Ex-Illinois Bank President Admits to Real Estate Fraud Schemes
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Guest Opinion: How You Might Look at Recent Data
We are all looking at the same data, but it is easy to come away with different conclusions. Continue Reading Guest Opinion: How You Might Look at Recent Data
Investment Firm Acquires Kinexx Modular Construction
Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. Continue Reading Investment Firm Acquires Kinexx Modular Construction
John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84
He served on the board of directors of the Mortgage Bankers Association from 1999-2003. Continue Reading John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84
Single Family Rental Returns Dip in Early 2022
Source: World Property Journal --- According to ATTOM's latest Single-Family Rental Market report, profit margins on 3-bedroom single-family home rentals are declining annually in 2022 across most of the United States, and are slightly more likely to decline in areas...
How Long Does It Take to Improve Credit Score Enough to Buy a Home?
Source: Realtor --- How long does it take to improve credit score? Having good credit helps you prove your creditworthiness to potential lenders. If you’re hoping to buy a home, having a good credit score is key, since it helps you qualify for a mortgage. So if your...
Five things to look for when partnering with a third-party review provider
Source: Housing Wire --- The residential mortgage origination process is very complex and origination and underwriting mistakes can be very costly, so lenders need to make sure they’re mitigating every possible risk related to the borrower and property. That’s why due...
Homebuyers Can Save Over $15,000 in Five Years With an Adjustable-Rate Mortgage–But It Comes With Risks
Source: Redfin --- That’s $260 per month for the typical homebuyer—the largest savings since at least 2015. As mortgage rates surge, demand for adjustable-rate mortgages is on the rise because they typically have lower interest rates than 30-year fixed loans. The...
Are Reluctant Home Sellers Too Attached to Their Low Rates?
Source: Nerdwallet --- You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere. Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the...
The Housing Market Has Already Endured 10 Long Years of Inflation. These are the Hard-Learned Lessons We Should Apply Now to the Broader Economy.
Source: Redfin --- For the first time since the 1980s, Americans are dealing with 8%+ inflation in consumer prices. American homebuyers, however, have been dealing with inflation since 2012. The typical home costs double what it did in 2012, but the typical worker is...
These Are the 10 Best Cities for New College Graduates and Career Changers, According to LinkedIn
Source: Apartment Therapy --- About ten years ago this month, I was in absolute misery — a ball of stress so tightly wound, you could have bounced me off a wall. College graduation was mere weeks away, and between preparing for finals, bittersweet farewells with...
Existing home sales fall for third straight month, slowest pace since June 2020
Source: Fox Business --- The National Association of Realtors reported Thursday that sales of previously occupied homes fell by 2.4% last month from March, and declined 5.9% from the year before. A decline in demand was expected as interest rates climb and sky-high...
Elder Abuse In Real Estate & Financial Transactions
By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315 | e: [email protected] 1) Introduction: The mental health of any society requires honesty and forthrightness in personal relationships and business transactions. In business...
Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Source: CNBC --- Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Both refinance and purchase loan demand dropped, pulling total mortgage application volume down 11% for the week, according to the Mortgage...
