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10 ways for real estate agents to stay compliant with fair housing laws

Housing Wire

But until 1968, unethical practices in real estate prevented thousands of people from renting, buying or selling their homes. These discriminatory practices were written into community covenants and passed down from local government to local government until 1968, when the Fair Housing Act was passed.

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loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks 

Housing Wire

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). ” “The government is disrupting some of their sites, but we need more of that. The company now has a digital HELOC offering.

Mortgage 280
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Retirement Planning Tips for Self-Employed Real Estate Agents

McKissock

Self-employed real estate agents need to consider their financial options without the direction of a company to provide a 401(k) and contribution match. Fortunately, real estate agents have many great opportunities. In 2020, the government increased the contribution limit to $19,500 for employees.

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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents.

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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Yes, there are some government programs that provide construction components on permanent loans, but they are not ideal for inexperienced home buyers.

Investors 388
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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

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?

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With low inventory, house hunters are in full safari mode

Housing Wire

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. housing affordability.” fix-and-flippers] who are willing to sell to a first-time buyer,” he said.

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