Top Headlines
Andrew Bowen Joins LeaseLock as SVP
Prior to joining LeaseLock, Bowen spent 13 years at RealPage Inc., most recently as a vice president and industry principal. Continue Reading Andrew Bowen Joins LeaseLock as SVP
Powell Reaffirms No Rate Cuts in the Near Future
“We’re just going to have to see where the inflation data fall out,” he said. Continue Reading Powell Reaffirms No Rate Cuts in the Near Future
Clever Real Estate Debuts Title and Escrow Subsidiary
Clever Title’s online portal offers real-time tracking, online document storage, and full digital encryption. Continue Reading Clever Real Estate Debuts Title and Escrow Subsidiary
Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
Bostic stated the nation’s economy was in “a good spot, even an enviable spot compared to other major economies.” Continue Reading Atlanta Fed Chief on Delaying Rate Cuts: ‘Victory is Not Clearly in Hand’
FTK Construction Services Promotes Riley Goodman to VP of Finance and IT
He began his career with FTK in 2020 as an operations analyst. Continue Reading FTK Construction Services Promotes Riley Goodman to VP of Finance and IT
Knowing the best home survey options for your clients
Source:Financial Reporter --- As the modern mortgage market continues to evolve, so too does the complexity attached to product offerings, criteria, lending policy, affordability and accessibility. I could go on but I’m sure you all have your own lists. Whilst...
Hall Financial: Why refinancing can increase your home equity
Source: F --- As a homeowner, you've worked hard paying off the mortgage on your house and updating it when you can. Now it's time for the house to work for you! Low rates mean there's a bit more equity in your home, which is an opportunity to use that equity to put...
New Mortgage Rule Aims to Stop Avoidable Foreclosures
Source: Investopedia --- The Consumer Financial Protection Bureau (CFPB) has announced a new rule to help prevent foreclosures in situations where they can be avoided. The new rule, which went into effect on Aug. 31, requires that most mortgage servicers help...
FHFA Reverses Previous Housing Market Reform Progress
Source: American Action Forum --- Executive Summary The Federal Housing Finance Agency (FHFA) has suspended restrictions from earlier this year that prevented the government-sponsored enterprises (GSEs) from purchasing “high-risk” mortgages; it also announced a...
Should you call out real estate agent who put their best interest above yours?
Source: Washington Post --- Q: We recently sold our deceased mother’s home in Columbus, Ohio. The house needed quite a bit of work, was structurally sound, and was in a very desirable neighborhood. My siblings and I selected an agent after a couple of interviews, and...
Should you pay off your mortgage or invest the money?
Source: Fox Business --- If you feel weighed down by your mortgage, you might be anxious to pay it off as soon as possible. So when you find yourself with a little extra money in your budget, you may consider putting it toward your mortgage. Paying extra on your...
CFPB releases new mortgage servicing rule: What it means for homeowners
Source: Fox Business --- As foreclosure moratoriums come to an end, the Consumer Financial Protection Bureau (CFPB) released a new mortgage servicing rule that took effect Aug. 31 to help prevent foreclosures for borrowers facing delinquency. The rule will prevent...
Fannie Mae to include rent payments in mortgage applicants’ credit history review
Source: Washington Post --- A good credit score is an essential part of making the transition from renter to homeowner, but establishing a solid credit report can feel out of reach for some consumers. Many prefer not to use credit cards or loans and therefore have a...
Mortgage demand falls to lowest in two months as rates stagnate
Source: CNBC --- Mortgage rates appear to be stuck in a holding pattern, giving borrowers no particular incentive to act, especially on refinances. Total mortgage application volume fell 1.9% last week compared with the previous week, according to the Mortgage Bankers...
Record increase in real estate agent numbers over last year
Source: Stuff --- Covid-19 is the reason Ajit Saini became a real estate agent and new Real Estate Authority figures show he is not alone. A record number of people joined the industry last year. Saini, 42, had worked in sales for a large furniture company for many...
