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Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty
29% of fire-affected households now live below the poverty line, compared to 14% before the fires. Continue Reading Study: Maui Wildfires Survivors Face Higher Rents, Deeper Poverty
Forecast: Utah to Add Over 500,000 New Residents in the Next 10 Years
The median age is projected to increase by 2.5 years over the decade (32.7 to 35.2). Continue Reading Forecast: Utah to Add Over 500,000 New Residents in the Next 10 Years
RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage
“This ordinance will do nothing to make housing more affordable in the city,” said the company. Continue Reading RealPage Reconfigures Products After San Francisco Prohibits Rent-Setting Software Usage
MBA Taps David Menke as Director of Member Relations
Menke comes to the MBA from CapStar Bank, where he served as vice president of secondary marketing. Continue Reading MBA Taps David Menke as Director of Member Relations
DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
The city was accused of failing to maintain a publicly available list of accessible units and their accessibility features. Continue Reading DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements
Guaranteed Rate Debuts RateReduce Sell Program
Chicago-headquartered Guaranteed Rate has enhanced its RateReduce offering to include RateReduce Sell, a program designed to help real estate agents facing a challenging home sales market. According to the company, RateReduce Sell provides real estate agents the...
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Mortgage Credit Availability Down in December to 11-Year Low
“Ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in December to 11-Year Low
Are More Consumers Becoming Optimistic About Homebuying?
Fannie Mae’s Mark Palim pointed to “a survey-high share of consumers anticipating mortgage rate declines over the next year.” Continue Reading Are More Consumers Becoming Optimistic About Homebuying?
Mortgage Rates Hold Steady
The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4. Continue Reading Mortgage Rates Hold Steady
Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Redfin’s Homebuyer Demand Index spiked by 10% from one month ago to its highest level since August. Continue Reading Homebuyers’ Monthly Payments at Lowest Level in Nearly a Year
Mortgage Application Activity Ended 2023 in Decline
The holiday adjusted Refinance Index decreased 18% from two weeks ago. Continue Reading Mortgage Application Activity Ended 2023 in Decline
New Study Ranks the Best Reverse Mortgage Companies
Longbridge Financial was praised as “Best for Low Interest Rates.” Continue Reading New Study Ranks the Best Reverse Mortgage Companies
Mortgage Rates End 2023 in a Downward Spiral
“The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates End 2023 in a Downward Spiral
Former NASA Employee and Husband Charged in Mortgage Fraud Scheme
If convicted, they face up to five years in federal prison and a possible $250,000 maximum fine in addition to the possible forfeiture of their luxury home. Continue Reading Former NASA Employee and Husband Charged in Mortgage Fraud Scheme
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