Real Estate Agent Tools
Can you refinance a seller-financed mortgage?
Source: The Mortgage Reports --- Some home buyers get their mortgage loans from the home’s seller — not from a mortgage lender. This kind of financing, known as “owner financing” or “seller financing,” can help buyers who don’t meet standard mortgage guidelines at the...
As Mortgage Rates Stay Up, Lenders and Brokers Need to Get ‘Creative’
Source: Market Scale --- Freddie Mac’s weekly averages since July 14 have been volatile, with spikes and dips in 30-year fixed, 15-year fixed and 15-year adjustable mortgage rates. But even with some short term relief after August 4’s numbers brought rates below 5%...
Hits and Misses for the Real Estate Week of Aug. 26-29
This week’s Hits and Misses include the California state government’s unique housing policy priorities and the debate over Fed rate cuts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 26-29
Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
The lawsuit is requesting that Umansky and The Agency pay equal to three times the amount of damages caused. Continue Reading Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds
MBA: Housing Affordability Improved in July
The national median mortgage payment for FHA loan applicants was $1,838 in July, down from $1,907 in June. Continue Reading MBA: Housing Affordability Improved in July
Charles El-Moussa Named General Counsel at Midwest Real Estate Data
El-Moussa’s career included previous roles as president at Coldwell Banker Realty and general counsel and chief operating officer at RE/MAX in Texas. Continue Reading Charles El-Moussa Named General Counsel at Midwest Real Estate Data
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
CFPB Director Rohit Chopra said, “NewDay USA’s misconduct has no place in the VA home loan program.” Continue Reading CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans
Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes
Harris has not offered a specific budget on how much it would cost to build 3 million new homes. Continue Reading Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes
Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack
The first phase of this project is slated to break ground in the fourth quarter of 2025. Continue Reading Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack
University of Colorado to Offer New Property Management and Real Estate Program
The four-year degree program begins in 2025. Continue Reading University of Colorado to Offer New Property Management and Real Estate Program
Chartwell Retirement Residents Acquires 3 British Columbia Properties for $226.9 Million
Chartwell Retirement Residences (TSX: CSH.UN) (OTCMKTS: CWSRF), Canada’s largest provider of senior housing, has acquired three retirement residences on Vancouver Island for an aggregate purchase price of $226.9 million. The three properties have a combined total 384...
Police: Suspect in Toronto-Area Realtor’s Murder Fled to Hong Kong
Zhixiong Marko Hu left Canada on Aug. 12, the day that the burned remains of Yuk-Ying (Anita) Mui were discovered Continue Reading Police: Suspect in Toronto-Area Realtor’s Murder Fled to Hong Kong















