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MBA’s Mike Fratantoni on measuring mortgage competition
Source: Housing Wire --- Mortgage industry participants may disagree a great deal on several different topics. However, I expect that you would find no argument with the following statement: Mortgage lending is a highly competitive business. While the scope of the...
Reverse mortgages can be ‘useful’ for retirees
Source: Reverse Mortgage Daily --- Retirees often have to navigate the homeownership and mortgage landscape with a series of unique concerns, owing to the natural occurrences of aging and the reality of what is largely a fixed income. Taking advantage of tools...
Prosecutors charge prominent real estate brokers with racketeering, stealing trade secrets
Source: CBS 4 News --- Gainesville — GAINESVILLE, Fla. – State prosecutors on Tuesday formally accused two prominent real estate brokers with felony racketeering, fraud and stealing trade secrets as part of a long-running investigation into a business dispute with...
Citing mountain lions, wealthy Bay Area town blocks new housing development
Source: SF Gate --- The town of Woodside in San Mateo County has found a way to thwart new housing development: invoking the supposed endangerment of mountain lions. Woodside, which according to the U.S. Census Bureau has a median household income of more than...
Commercial Property Investors Worldwide Rethink the Value of Going Green
Source: World Property Journal --- Expectations for new buildings - from amenities to environmental footprint - have increased significantly in recent years, reports global property consultant JLL. Sustainability continues to move up the corporate priority list and...
Developers Should Break Ground Now While Capital Is Cheap
Source: GlobeSt.comDevelopers should break ground on new projects now, while the cost of capital remains low—despite rising inflation, according to one industry expert. “The question my clients ask me almost every single day is, do I put the shovel in the ground today...
