Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 368

Renovations Buyers Development Insurance 368

Housing Wire

APRIL 2, 2024

The goal is to help them develop this territory and use this platform to attract talent – established loan officers, up and coming loan officers,” Steinway said in an interview with HousingWire. Steinway also expects NAF’s “expansive” product mix, such as NAF Cash , will help him achieve more production volume in a highly competitive market.

Loan Officers 410

Loan Officers Retail Finance Buyers 410

Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development (HUD), Julia Gordon. “We’re hoping to have a final policy [for the payment supplement partial claim] out before the end of the year, although I will say keep your fingers crossed that we don’t face any lapse in appropriations that would shut down the government.”

Mortgage 424

Mortgage Government Insurance Tools 424

Lamacchia Realty

MARCH 21, 2024

March 18, 2024 – The Wall Street Journal has quoted Anthony Lamacchia in their new article regarding the buyer commission lawsuit that the National Association of REALTORS® has been fighting over the last several months. To read the full article, click here or on the picture to the right.

Development 58

Development Realtors Government Buyers 58

Lamacchia Realty

MARCH 25, 2024

March 22, 2024 – The International Business Journal published an article highlighting Anthony Lamacchia and how he has come to the front lines to advocate for the real estate industry throughout the ongoing Buyer Commission lawsuit that the National Association of REALTORS® has been battling for months.

Buyers 55

Buyers Business Realtors Government 55

Eppraisal

FEBRUARY 7, 2023

Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. If the lot is zoned for commercial use, they do well to develop it as a retail space or other business, and later serving as the landlord.

Development 69

Development Sellers Legal Home Value 69

Housing Wire

NOVEMBER 7, 2023

Mortgage professionals voiced their concerns of the potential ripple effects that might have on those cash-strapped buyers, depending on the results of the commission lawsuits. “It Potter added: “Government lending would come to a halt. “But agent commissions have never been a closing cost from a buyer perspective.

Agents 458

Agents Sellers Buyers Finance 458

Housing Wire

MAY 10, 2021

There are about 30 new developments in the city right now, the [Susquehannah River] runs right through the middle of downtown — it’s becoming a cool place to live. And the conversations are different right now for buyers — you’re going to be competing for homes, and you have to bring your A-game and a really competitive offer.”

Buyers 243

Buyers Real Estate Agent Real Estate Inventory 243

Lamacchia Realty

MARCH 22, 2024

March 20, 2024 – The buyer commission lawsuit affecting the National Association of REALTORS® has been making headlines for months, especially since NAR announced their proposed settlement on March 15th. In their new article, The Boston Globe dives into how this will affect consumers, particularly first-time home buyers.

Buyers 52

Buyers Realtors Government Realty 52

Housing Wire

FEBRUARY 3, 2021

A Chicago-area real estate developer and two mortgage professionals participated in a mortgage fraud scheme that defrauded banks out of at least $3 million, the U.S. The alleged scheme occurred over a six-year period ending in April 2016, the government said. Attorney’s Office in Chicago said Tuesday.

Mortgage 395

Mortgage Government Real Estate Development 395

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) FHA mortgage programs The Federal Housing Administration (FHA) provides easy-to-qualify government insured loans. Department of Housing and Urban Development (HUD) which is offered to public servants, such as first responders.

Real Estate 420

Real Estate Government Law Buyers 420

Housing Wire

MAY 2, 2024

Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. Potempa brought his team of 38 professionals — including processors, business development staff, support staff and about 15 loan officers — to E Mortgage on March 25. .” According to Scotsman Guide , Potempa was the No.

Loan Officers 420

Loan Officers Mortgage Retail Lending 420

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer.

Renovations 508

Renovations Development Investors Legal 508

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate.

Mortgage 384

Mortgage Loan Officers Government Buyers 384

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

JULY 19, 2022

The Department of Housing and Urban Development said it is “looking very hard” at how to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal. In April, HUD signaled it would take on the issue. It’s an acknowledgement that you’re making less on a small-dollar loan.”.

Mortgage 384

Mortgage Finance Lending Development 384

Housing Wire

AUGUST 3, 2023

Some economists say that this development contributed to drive up the 10-year treasury yield to its highest level since November 2022. government credit rating downgrade caused mortgage rates to rise this week,” said Sam Khater, Freddie Mac’s chief economist. The following day, the U.S.

Mortgage 365

Mortgage Inventory Government Buyers 365

Housing Wire

APRIL 23, 2024

Rather, commissions will be something for the buyer or seller to take on because there’s a “value” in a buyer-side real estate agent’s work. AI will help areas like the call center, product development and underwriting so lenders can make “better decisions quicker,” he said. ”

Mortgage 335

Mortgage Real Estate Agent Real Estate Renovations 335

Appraisal Buzz

MAY 6, 2024

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. ICON, an Austin based firm, has developed a 3D printed wall system. Areas more exposed to such risk are likely to see increased volatility in valuations.”

HOA 370

HOA Insurance Legal Fees Valuation 370

Housing Wire

MAY 6, 2024

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Law 364

Law Real Estate Real Property Contracts 364

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. If that were the case, the government itself could charge individuals and institutions a usurious amount for loans or for the creation of infrastructure. The job is not easy, but the impact is enormous.

Supply Chain 411

Supply Chain Finance Development Modernization 411

Housing Wire

SEPTEMBER 18, 2023

The provision of abundant information with rules that govern the conduct of all market participants, whether Realtors or non-Realtors, serves all parties well. In place of the required compensation for cooperating buyer brokers, we could see several different options become substitutes.

Realtors 431

Realtors Brokerage Agents Buyers 431

Housing Wire

SEPTEMBER 7, 2021

Treasury and the Department of Housing and Urban Development ’s risk-based sharing program, and increase funding to existing programs. billion — in government sponsored enterprise investments in Low-Income Housing Tax Credit projects. The Federal Housing Finance Agency announced a significant increase — from $1 billion to $1.7

Construction 418

Construction Government Inventory Finance 418

Housing Wire

JUNE 10, 2022

Experts are convinced there will be buyers, even if MBS supply expands. Foreign investors represent one large bucket of MBS buyers who could step up to absorb additional MBS as the Fed sheds its holdings. government agencies, excluding the U.S. There are buyers domestically and abroad for mortgage-backed securities,” he added.

Investors 485

Investors Government Buyers Mortgage 485

Housing Wire

FEBRUARY 1, 2023

Nunziata explained that offering prospective homebuyers a $10,000 discount off the sales price of a $400,000 home, for example, will save the buyer about $60 a month on his or her mortgage payment. “So, You can see that’s a really big impact for that first-time buyer, giving them the ability to kind of ease into that payment.”

Marketing 410

Marketing Government Mortgage Sellers 410

Housing Wire

DECEMBER 7, 2021

The Department of Housing and Urban Development (HUD) on Tuesday resolved uncertainty around special purpose credit programs, 45 years after Congress allowed lenders to tailor products to groups that have historically been excluded from homeownership. In a legal memo, HUD stated that SPCPs are allowed under the Fair Housing Act.

Lending 441

Lending Law Design Government 441

Housing Wire

DECEMBER 16, 2022

ALTA was proud to work closely with the Consumer Financial Protection Bureau (CFPB) to help develop these regulations, which went into effect in 2015. Much of the expense is invested in the efforts of land title professionals to review the title and purchase title data from local governments.

Insurance 473

Insurance Government Legal Fees Real Estate 473

Housing Wire

JULY 6, 2023

The Leading Indicator of Remodeling Activity, or LIRA, a measure developed by Joint Center for Housing Studies at Harvard University , seems to support Mohan’s assessment, showing that year over year “expenditures for home improvements and maintenance will post a modest decline of 2.8% through the first quarter of 2024.”

Inventory 466

Inventory Renovations Real Estate Government 466

Housing Wire

FEBRUARY 19, 2024

Effective foreclosure prevention Partial claims — and the extra “free rent” time they give to distressed homeowners — have proven to be key part of an effective foreclosure prevention strategy that mortgage servicers and government agencies employed in the wake of the economic shock caused by the COVID-19 pandemic.

Real Estate 438

Real Estate Property Taxes Insurance Government 438

Housing Wire

MAY 11, 2021

The MCAI on conventional loans increased 4.8%, while MCAI on government loans increased by 0.1%. One trend that has developed in recent months is the rising demand for ARMs, driven by higher rates for fixed mortgages and faster home-price appreciation.”. The purchase market is as buoyant as ever — Redfin is forecasting $2.5

Mortgage 504

Mortgage Lending Housing Market Government 504

Will Springer Realtor

MAY 2, 2023

Home buyers are consumers. These buyers also have the right to either add or omit some of those available rights when their real estate broker drafts an offer. These are known as contingencies, or conditions, that require the buyer or seller to take an action or possibly a non-action as part of the overall agreement.

Contracts 54

Contracts Buyers HOA Inspection 54

Housing Wire

MAY 31, 2023

California markets like the ones listed above already face a number of challenges, but news over the weekend could make it even more challenging for buyers. Existing home-insurance policyholders won’t be affected , though this is clearly not a positive development for the state. What does this all mean for Californians?

Insurance 376

Insurance Clients Marketing Housing Market 376

Boston Appraisal

FEBRUARY 11, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

Empire Appraisal Group

JANUARY 20, 2022

Buyers May Face Hidden Costs for Homes with Solar Power. Solar-powered home” sounds like a great money-saving deal, but buyers should study possible costs before committing. Murphy, director of government affairs for the Florida Association of Insurance Agents. By Kerry Smith. ORLANDO, Fla. According to the U.S.

Buyers 78

Buyers Insurance Agents Legal 78

Housing Wire

AUGUST 11, 2020

Shockingly, the gap is wider than it was in 1968, when the federal government first outlawed racially based housing discrimination. So, early in my career, I sought for ways to help would-be buyers, most being minorities, bridge the gap and achieve homeownership earlier. This makes it more important than ever to consider how the U.S.

Government 421

Government Sellers Development Mortgage 421

Housing Wire

MARCH 25, 2022

This week’s HW+ member spotlight features Arjun Dhingra, who serves as sales and business development at All Western Mortgage. For so long, the government dismissing it as transitory or not a permanent thing was giving the general public a false sense of security about the state of affairs.

Inventory 380

Inventory Technology Real Estate Agent Tools 380

Eppraisal

JANUARY 31, 2023

However, buyers must consider the cash flow of their business or household while taking an accurate measure of their assets. Another plus for lending institutions is when the United States Department of Agriculture (USDA) or other government agency guarantees the loan -- USDA home loans are designated for specified rural areas.

Development 36

Development Finance Sellers Home Value 36