There are many factors that contribute to the housing inventory shortage, but homebuilder’s aren’t discouraged. Read on to see their sentiment.
Read More »Top 10 Cities for Retired Homebuyers
Regardless of one’s age, it is general knowledge that planning ahead, and as early as possible, for a future of financial security is important. This rule of thumb ...
Read More »It’s Closing Time
Originations are looking good, but certain demographics are performing better than others. See the breakdown here.
Read More »Goldberg: We Don’t Get the Luxury of Sitting Back Anymore
In his first live interview, Bob Goldberg, new CEO of the National Association of Realtors (NAR) discussed what he would like to do differently when it comes to innovation in the real estate market.
Read More »Guild Mortgage Welcomes Gabe Minton as EVP, Information Technology
Guild Mortgage, a large independent mortgage lender with offices in 25 states, welcomes experienced mortgage technology professional Gabe Minton to its leadership team as EVP of information technology. Minton brings to his new role more than 25 years of experience spanning the realms of strategy, software development, vendor relations, and communications. "I am pleased to be joining Guild as it enters a new era of technology innovation with MyMortgage and other IT platforms and applications to improve the experience for every customer, employee, partner and supplier that we work with throughout the entire mortgage lending process,” Minton said.
Read More »Independent Settlement Services, HouseCanary Offer New Value Report
Independent Settlement Services, a Pittsburgh-based appraisal and title management services firm serving the real estate finance industry, announced last week it will enhance its valuation products with Value Report, an automated property valuation with an instant automated valuation model (AVM) that combines the data and algorithms of Independent Settlement Services and HouseCanary. HouseCanary is a real estate valuation provider that leverages decades of data and proprietary algorithms for its valuations. The Value Report offers instant AVMs, risk assessments, and real estate market data for individual single-family homes and condos, as well as portfolios.
Read More »Amending Federal Mortgage Disclosure
Effective October 10, 2017, the Federal Mortgage Disclosure Requirements under the Real Estate Settlement Procedures Act and the Truth in Lending Act that are implemented in Regulation Z will be changed to clarify technical amendments. See what’s being changed here.
Read More »The Housing and Construction Conundrum
The construction industry is lagging behind despite home prices being close to pre-recession peaks. Homebuilders say labor shortage is to blame, but income for workers hasn’t changed since 2006. If they increase wages, then home prices would go beyond buyers reach. So what can be done?
Read More »Fed Thinning Out its Balance Sheet
The FOMC has been talking about normalization for months now. Looking forward, they could start the process soon, and that will have consequences . . .
Read More »Housing is Affordable, But Consumers May Not Feel It
Housing has been reaching record affordability, but a recent perspectives blog proposed the question: why doesn’t it feel that way? Apparently, it’s due to three reasons.
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