Key Outcomes in Real Estate from the Recent Week’s Market Activity
Explore key updates on Gavin Newsom's grant funding initiatives, crucial MLS data access agreements, and the impact of investor activity on the housing market.
Proposed Legislation Aims to Eliminate Federal Capital Gains Tax on Home Sales
New legislation targets the elimination of federal capital gains tax for primary residence sales, impacting individual sellers but excluding investors.
Kentucky Lowers Property Tax Rate for Fifth Consecutive Year
Kentucky's reduction of the property tax rate to 10.6 cents reflects a continued trend that may influence private lending and real estate investments.
HUD Disbands Biden Administration Task Force on Home Appraisal Bias
HUD's termination of the task force addressing bias in home appraisals raises critical questions about regulatory oversight and its impact on lending practices.
Westcor Participates in Fannie Mae’s Title Waiver Pilot Program
Fannie Mae's pilot enables approved mortgage lenders to implement an automated title review process, enhancing efficiency in title examination for loans.
Eleven strategies for generating mortgage leads to expand your client base
Discover effective mortgage lead generation strategies to expand your client base and maintain a steady flow of deals in the competitive lending landscape.
Compass Expands Exclusive Listings to Competitors with Conditions Applied
Brokerages will soon access data via direct feeds or system integration, enhancing collaboration with MLSs and streamlining processes for private lenders.
Rising Homeownership Costs Lead to Increased Mortgage Delinquencies
Cotality reports an increase in serious mortgage and property tax delinquencies, highlighting financial pressures faced by homeowners amid rising costs.
House Democrats respond to crypto legislation with anti-corruption initiatives.
Reps. Maxine Waters and Stephen Lynch aim to unite Democrats against Republican initiatives accelerating cryptocurrency legislation, impacting regulatory frameworks.
Trade Associations Express Support for Jonathan Gould’s OCC Confirmation
The Consumer Bankers Association and the Mortgage Bankers Association commend Gould on his new position, signaling strong industry support and leadership continuity.