Top Headlines
Guest Opinion: All’s Mostly Well in the US Banking System
In response to rising delinquencies, banks have increased loan loss provisions. Continue Reading Guest Opinion: All’s Mostly Well in the US Banking System
Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
Chadwick Banken alleged offered “significantly worse terms” for Muslim customers. Continue Reading Minnesota AG Sues Realtor Over Alleged Predatory Lending and Anti-Muslim Bias
CoStar Group Relocates HQ from D.C. to Virginia
The company is paying nearly $14 million to relocate into Central Place Tower, a 560,000-square-foot office building in Arlington. Continue Reading CoStar Group Relocates HQ from D.C. to Virginia
$12.1 Million Refinancing Arranged on California Multifamily Property
Terms of the five-year loan include one-year interest only followed by 30-years amortization with an LTV of 54%. Continue Reading $12.1 Million Refinancing Arranged on California Multifamily Property
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Judge Arthur Engoron also barred the Trump from serving as an officer or director of any New York corporation for three years. Continue Reading Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case
Credit union offers advice for homebuyers in challenging, ‘red-hot’ market
Source: KTVZ --- As prospective homebuyers in Oregon and Southwest Washington continue to face fierce competition for fewer and increasingly expensive homes, OnPoint Community Credit Union offers tips on how to successfully purchase a home in this red-hot market....
REAL ESTATE Mortgage rates rise to an 8-month high, tanking refinance demand
Source: CNBC --- Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association. That caused mixed demand for mortgages last week, resulting in no change from the week...
Could Homeownership Derail the Rental Market In Secondary Cities?
Source: Globe Street --- During the pandemic, people fled the urban core for secondary metros across the country. The great relocation, as some have called it, wasn’t necessarily a new trend; people had been slowly leaving big cities in favor of affordability in...
Unfair Mortgage Practices In Tampa Targeted By Justice Officials
Source: Patch --- A new effort to combat redlining, an illegal practice in which lenders deny loans to people based on their race or nationality, has launched in Tampa. The U.S. Justice Department's new Combating Redlining Initiative, announced Friday, represents the...
Dogecoin ($DOGE) Can Now Be Used for Buying Ownership Shares in Second Homes
Source: Crypto Globe --- Recently, San Francisco-based startup Pacaso announced that it is now possible to pay with crypto — including Dogecoin ($DOGE) — for shares in single-family homes in some of the top second home destinations in the U.S. As...
What are the Updates on Tenancy law for Family-only Residential Buildings in the UAE?
Source: Lexology --- Pursuant to Law Number 2 of 2007 on Regulations of Landlord-Tenant Relationship in Sharjah and its amendments, low-income bachelors or labourers are not allowed to live in certain residential neighbourhoods which have been specially demarcated for...
Why brokerages and mortgage lenders are rushing into JVs
Source: Housing Wire --- The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp, replies with a few trusted names....
Mortgage Servicing Software Market Forecast to 2025 with Global Key Companies Profile
Source: Puck 77 --- Global Mortgage Servicing Software market report consists of accumulation of data derived via a thorough and accurate primary and secondary market research assessing critical industry coordinates and assessing the Mortgage Servicing Software market...
Have a Joint Mortgage and Getting Divorced? This Is Your Best Move
Source: Motley Fool --- Don't let your joint mortgage debt affect your finances after your marriage is over. Many married couples own a home together, and it's common to have a joint mortgage that both spouses applied for together. Unfortunately, this can create a...
Paying Your Mortgage With Bitcoin Is a Bad Idea. Here’s Why
Source: Next Advisor --- Could you imagine paying your mortgage — one of life’s biggest expenses — with a bag of magic marbles that were sometimes worth $11,000 each and other times worth $60,000 each? If you wanted to pay your mortgage with Bitcoin, that’s...
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