Top Headlines
Ex-HUD Secretary Fudge Joins Taft Law Firm
Fudge will also serve as the law firm’s chairwoman of public policy. Continue Reading Ex-HUD Secretary Fudge Joins Taft Law Firm
NY Fed: Americans Expect Home Prices to Keep Rising
The median inflation rate is expected to be 3.3% one year from now, up from 3% in last month’s report. Continue Reading NY Fed: Americans Expect Home Prices to Keep Rising
Coleen Bogle Joins The Money Store as Chief Marketing Officer
She previously served as the chief marketing officer at Draper and Kramer Mortgage Corp. Continue Reading Coleen Bogle Joins The Money Store as Chief Marketing Officer
NAR: ‘Cooperative Compensation is Good for Consumers’
NAR Graham Wood said the organization “believes this outcome was unsupported and was largely driven by legally erroneous rulings by the judge.” Continue Reading NAR: ‘Cooperative Compensation is Good for Consumers’
CFPB Settles Enforcement Suit Filed 10 Years Ago
In May 2014, the CFPB filed a complaint against Consumer First Legal Group LLC and four attorneys. Continue Reading CFPB Settles Enforcement Suit Filed 10 Years Ago
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...
NAMB President and SRE.com Announce Partnership to Launch SRE Marketplace
Source: Business Wire --- NAMB President Kimber White and SRE.com President John G. Stevens, who is also a former president of that organization, have announced a partnership that will provide a new member benefit aimed at preparing loan originators to compete more...
Actual cost of buying a house with the help of a home loan
Source: Financial Express --- Here are a few pointers that could help you make a rough estimate of the actual cost of buying a house with a help of a home loan. Many consider owning a home to be one of the biggest financial goals of a lifetime. A home not just gives...
How do we make more affordable housing?
Source: MPR News --- The pandemic pushed the U.S. housing market into a frenzy, with the demand for housing far outpacing the number of homes on the market. The market cooled off a bit in July. But the cost of the average home has been on an upward climb for a while...
Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto
Source: News.Bitcoin --- A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the...
Life Sciences Real Estate is Going Viral – What Lenders Need to Know
Source: JDSupra --- While traditional office and retail properties have come under pressure from work-from-home and social distancing measures imposed during the COVID-19 pandemic, life sciences real estate has thrived. Moreover, given an aging population and a...
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