Optimism of mortgage lenders hits new highs… First American says real house prices up 8.2 per cent… Maine reports lower sales, higher prices…
As rates feel upward pressure, fraud and misrepresentation are also on the rise
The housing market continues its slow trend toward historical norms, while analysts wait in anticipation for the release of the latest Fed's meeting minutes. Any strong hints that the Fed may change course at December’s meeting could push rates upward.
Should a second mortgage on an underwater home be voided during bankruptcy if the home’s value has dropped below the first mortgage’s balance?
One more global economic giant is sliding, but does it matter here in the U.S,? Doesn’t look like it; investors and traders ignoring it as is the situation with the U.S. equity markets.
Guidelines between what is considered to be a brokered transaction and a secondary market transaction under the model is vague. Here’s what mini-correspondents can do to avoid subjecting their transactions to further scrutiny.
The FHFA director is expected to defend his proposal on expanding credit, including the 3% down payment plan, in front of Congress this Wednesday.
Stagnant wages are still weighing on consumers, as median-income households can only afford homes in 10 of the 25 largest U.S. metro areas. Does your city make the most affordable metro area list?