Wells Fargo’s fake accounts scandal is putting a damper on its mortgage referral business, according to CEO Tim Sloan
The HUD nominee tackled housing matters before the Senate Banking Committee
(WSJ) A U.S. housing regulator is cracking down on a little-known practice that has hit millions of struggling borrowers with high-price homeowners' insurance policies arranged by banks that benefit from the costly coverage.
(WSJ) -- Jeff Pintar had buyer's remorse as he purchased 12 foreclosed homes in five Southern California counties on a single day. His regret: that he didn't buy more homes a year earlier.
Raise your hand or nod your head or I guess tap the space bar a few times if you get inundated with email on a daily basis with “investing advice” that is confusing and often the complete opposite of an email you received the day before. I was working on a project this past week and had to cull through old emails to complete it and realized that I get sometimes more than 400 emails a day! What made that realization worse...many were “advice” emails from someone who definitely thought they were smarter than me, but usually full of advice I would never follow. That feeling of being overwhelmed is how I feel sometimes when I hear advice on real estate diversification.
Worried about predictions of rising mortgage rates, additional increases in home prices and new costs for FHA borrowers, first-time homebuyers are kicking off the spring buying market in years, despite skimpy inventories and late winter weather across much of the nation.
Has the mortgage tax deduction outlived its usefulness?
(CNBC) -- Household buying power exploded by $2.3 trillion in 2012, the biggest increase since 2005, led by a surge in homeowners' equity, according to a report by Deutsche Bank.