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Opinion: Fannie Mae’s title insurance pilot program overreaches

Housing Wire

Unfortunately, one of the proposals the President mentioned in the SOTU was to revive a previously discredited and shelved pilot program that would waive the requirement for lender’s title insurance on certain refinances by Fannie Mae. By law it is not an insurer nor is it capitalized or regulated to do this. million in claims.

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What Metaverse real estate means for mortgage professionals

Housing Wire

The Metaverse is defined as the simulated digital world that mimics the real world through virtual reality and augmented reality in which users can interact. As the Metaverse expands, its offerings now include “virtual” real estate. But what does virtual real estate mean for real-world mortgage professionals?

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7 Strategies for real estate agents to slash taxes before year-end

Housing Wire

While tax planning is a year-round task, real estate agents can take some specific actions before the New Year to significantly cut their taxable income. Use these seven strategies to avoid overpaying taxes, save money, and better manage your business. See Publication 587, Business Use of Your Home , for more details.

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These “Subtle Risks” Could Have Astronomical Impacts on Real Estate Expenses w/John Sheffield

BiggerPockets

Owning real estate could get expensive—yes, even more expensive than it already is today. Insurance prices, property taxes, maintenance costs, and more are going through the roof, and there isn’t […]

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Foreclosures are rising, but it’s not yet alarming

Housing Wire

The real estate market is experiencing a slight rise in foreclosure activity following an extended period of moratoria that paused any foreclosures during the pandemic. rising dramatically in the past few years, some owners cannot afford the proportional increase in tax bills. creating chaos in property insurance markets.

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Opinion: Improving housing affordability without exposing homebuyers to more risk

Housing Wire

While mortgage rates will likely fall this year, conversations about how to increase accessibility to homeownership are still top of mind — and should be top of mind — across the real estate industry. However, there is no one-size-fits-all approach to homeownership affordability.

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Growing Home Insurance Costs Will Destroy Your Cash Flow—Here’s What You Can Do About It

BiggerPockets

Real estate investors are usually most concerned about rental income and property taxes. They seldom discuss home insurance. Many assume that home insurance is a standard fixed price in most […]