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FHA Widens Mortgage Availability for First-time Condo Buyers

FHA Widens Mortgage Availability for First-time Condo Buyers

Tuesday, 20 August 2019
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The Federal Housing Agency has issued new guidelines that allow the regulator to insure more mortgages at condominiums. So reports the Associated Press. Read more...
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NAR Seeks Dismissal of Antitrust Class Action

NAR Seeks Dismissal of Antitrust Class Action

Tuesday, 20 August 2019
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The National Association of Realtors has asked a federal judge to throw out a class action lawsuit claiming antitrust breaches. So reports the Cook County (Ill.) Record. Read more...
Mortgage Rates Hold Near Lows Amid Market Turbulence

Mortgage Rates Hold Near Lows Amid Market Turbulence

Monday, 19 August 2019
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The recent turmoil in the financial markets did not extend to mortgage rates, which leveled off. So reports MarketWatch. Read more...
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Ask The Expert: Why Would I Need an Audited P&L on an FHA Loan?

Ask The Expert: Why Would I Need an Audited P&L on an FHA Loan?

Thursday, 15 August 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial Question: I have an underwriter asking for an audited P&L on an FHA self-employment file and it will cost my client $600. Why would they need this on an FHA loan? This does not make any sense to me and I don't want to upset… Read more...
Three Keys to Social Media Content Marketing Success

Three Keys to Social Media Content Marketing Success

Wednesday, 14 August 2019
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By Pat Sherlock, Founder QFS Sales Solutions Lenders and their originators have long used TV, radio, direct mail, and print ads to get their message out to potential buyers. Read more...
Dispelling the Myth of the 20% Down Payment

Dispelling the Myth of the 20% Down Payment

Friday, 16 August 2019
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By Odeta Kushi, Deputy Chief Economist at First American Since hitting a low point of 63% in 2016, the homeownership rate has rebounded, largely driven by millennial households purchasing their first homes. Many surveys, like one by Bank of the West, indicate that millennials are no different from previous generations–they view homeownership as a main… Read more...
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Freedom Mortgage Buys J.G. Wentworth Home Lending

Freedom Mortgage Buys J.G. Wentworth Home Lending

Tuesday, 13 August 2019
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Freedom Mortgage has announced a deal to acquire J.G. Wentworth Home Lending. So reports The Title Report. Read more...
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Homebuilder Labor Shortage Hurting Affordability

Homebuilder Labor Shortage Hurting Affordability

Tuesday, 13 August 2019
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Homebuilders said last month that they continue to face labor shortages that are driving housing prices higher, according to a new survey by the National Association of Home Builders. So reports Boston Agent Magazine. Read more...
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Many Home Buyers Don’t Shop Around for a Mortgage

Many Home Buyers Don’t Shop Around for a Mortgage

Tuesday, 13 August 2019
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A new survey by Fannie Mae finds that a surprising percentage of people do not shop around when buying a home. So reports MSN Money. Read more...
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Bill Bodnar of MMG: Where's the Bottom?

Bill Bodnar of MMG: Where's the Bottom?

Monday, 12 August 2019
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Bill Bodnar from the Mortgage Market Guide recaps the week, discussing the negative sentiment in the market and the high levels of uncertainty, and asks when we'll hit a bottom in rates. Read more...
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