Two Senators could be drafting legislation to split up Fannie Mae and Freddie Mac, according to Bloomberg. The move would be made in an effort to increase competitiveness in the secondary mortgage market. What's their plan, and how might it affect the secondary mortgage market?
Read More »Knowing the Score, Its More Important than You Think.
You may have seen recent news articles about the consumer reporting agencies removing certain derogatory public record information from their credit files, and you may be wondering, what type of information is being removed. Knowing what impact this will have to your consumer applicant pool is key.
Read More »Hottest HPI Cities in the Country
Home prices are appreciating all over the country—and some places are hotter than others. Read on to find out where the best cities are in the country are, and which ones to stay away from.
Read More »Attention Homeowners: You Could Fix the Housing Shortage
Homeowners think it’s a great time to both buy and sell, however in the current housing shortage, when it comes to buying, renters tend to dissagree. If homeowners are so positive that it's a good time to sell, what's stopping them from putting their houses on the market?
Read More »The Week Ahead: What the Latest Housing Data Will Tell Us
Next Wednesday, a report by Urban Institute will release updating on the current state of Housing Finance. Last month, household formation, construction activity, and first-time homebuyer share were all moving in a positive direction, but will this months report continue this trend? See more information on last months report plus what else is coming in the week ahead.
Read More »HUD: New Home Sales Above Estimates
The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices…
Read More »With Apartment Living on the Rise, Where Does That leave the Single Family Market?
More investors are putting stake in multifamily homes like apartments and condominiums, but how many people are living in them? In the wake of low inventory in the single family market, are potential homebuyers going to continue to rent, or wait for their dream home?
Read More »Slight Uptick in Rates, But Not as Much as Expected
The Federal Reserve’s decision to raise rates left some wondering what would happen with mortgages. In a recent report they raise the question “Why did rates go up?” and more importantly “Why didn’t they go up more?” Industry experts weigh in.
Read More »Take a Second Look at Who You’re Marketing To
The U.S. is becoming more diverse year-after-year and homeownership rates are changing just as fast. Changes in the diversity landscape could also mean differences in the way you market. Find out if your metro is growing in diversity based on the latest Census Bureau data
Read More »Compliance Costs. . . Going, Going, Gone?
Several representatives and senators have been pushing for change in compliance regulations, but a recent bill could possibly be the answer. Being that this isn’t the first bill of its kind, what does it bring to the table that others didn’t? See what Representative Tom Emmer and Congressman Blaine Luetkemeyer have in mind.
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