Top Headlines
FHFA Seeks Input on Future Mission for FHLBank System
Public input is being accepted through July 15. Continue Reading FHFA Seeks Input on Future Mission for FHLBank System
Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio
The suspect is believed to be Robert Willett, who was twice arrested for criminal activities aimed at female agents. Continue Reading Convicted Sex Offender Reportedly Harassing Female Real Estate Agents in Ohio
New Mortgage Banking President at Horizon Bank
David Pendley was previously vice president of mortgage lending at Consumers Credit Union. Continue Reading New Mortgage Banking President at Horizon Bank
Texas-Based Construction Law Firm Opens First California Office
The firm specializes in construction, real estate law, business, and contract disputes. Continue Reading Texas-Based Construction Law Firm Opens First California Office
Another Real Estate Commission Lawsuit is Filed, This Time in Nevada
Another week, another copycat lawsuit regarding real estate broker commissions! The latest was filed on Feb. 16 in Nevada, marking the second filed in the state this year. According to combined media reports, the new lawsuit involves Andrea Boykin, who sold her Las...
The latest twist in WNY’s hot real estate market: all-cash, no-mortgage offers
Source: Buffalo News --- When it comes to real estate deals, cash has always been king. Lately, though, it has been more like the emperor. With the market for homes tighter than ever, an unprecedented number of buyers have been turning to all-cash offers in hopes of...
Financial Focus: Financial tips for new veterans
Source: The Duncan Banner --- On Veterans Day, we honor the men and women who have served in our armed forces. If you’ve recently separated or retired from the military, or you will be leaving soon, you can be proud of the service you’ve provided to your country. But...
Commercial real estate financing, anyone?
Source: The Spokesman Review --- Walker & Dunlop (NYSE: WD) is a small but impressive finance company that has been around since the 1930s and does all kinds of finance for commercial real estate. One of the biggest commercial real estate lenders in the country,...
Liz Weston: Shopping for a mortgage? Your credit score may take a small hit
Source: Oregon Live --- Dear Liz: We’re trying to refinance a mortgage. All of the mortgage lenders claim that checking our credit scores will not affect the scores. However, that is not true. What gives? The three credit bureaus all list “too many inquiries” and...
Green mortgages: could your loan help make Britain greener?
Source: The Guardian --- Homes account for more than a fifth of the UK’s total CO2 emissions, which may help explain why the government and others believe green mortgages could be a gamechanger for moving to a sustainable future. Although they have been around in one...
Mortgage rates fall for first time in weeks, Freddie Mac data shows
Source: Fox Business --- Mortgage interest rates fell for the first time in weeks in early November, hitting 3.09% annual percentage rate (APR), according to the latest Primary Mortgage Market Survey from Freddie Mac. But despite this drop, experts said rates will...
Higher interest rates mean more expensive mortgages
Source: The Economist --- If the economy is a machine, then monetary policymakers are backroom engineers. On November 4th they held the Bank of England’s interest rate steady at 0.1%, but seem poised to tweak it upwards soon. Investors expect the rate to rise above 1%...
Real estate investments: No one is immune to defaults
Source: The Salt Lake Tribune --- Defaults are always a possibility for anyone lending in real estate, whether they are acting as an individual private lender or investing in “crowdfunded” real estate development. How the default situation is handled can be...
Mortgage Application: What Does It Contain?
Source: Forbes --- The mortgage application process can be lengthy. When filling out your application, you’ll need to provide a handful of personal and financial information—plus the documents to support it. Understanding what goes into a mortgage application can help...
YEAR-END OUTLOOK: CLIMBING MORTGAGE RATES STRAIN BUYING POWER IN 2022
Source: Ris Media--- Homeowners will likely look at the past year of mortgage rate performance with fondness or even regret as the days of historic lows fade. Based on recent Freddie Mac reports, 30-year fixed-rate mortgages (FRM) at 3.14%, are breaking from months of...
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