Real Estate Highlights and Low Points for the Week of December 16-20
Examine the latest challenges in the real estate sector, including NAR’s reputation issues and evolving political dynamics in Chicago and Canada. Read more.
FHFA Announces Finalized Housing Goals for Fannie Mae and Freddie Mac
FHFA's final rule aligns with previously announced goals for Fannie Mae and Freddie Mac, shaping the future of private lending standards and practices.
Trade groups advocate for flood insurance extension amid looming shutdown risks.
As a federal government shutdown looms, housing and insurance sectors advocate for an extension of the National Flood Insurance Program to ensure stability.
Home Sales in Wisconsin Show Slight Increase in November
Wisconsin's median home price rose 8.8% to $310,000, indicating a robust market. Discover insights into the state's evolving real estate landscape.
Proposed House Bill Aims to Provide Mortgage Insurance Relief for FHA Borrowers.
New legislation proposed in the House aims to eliminate mortgage insurance premiums for FHA borrowers once they achieve specified home equity thresholds.
Examining AB 3108: Misrepresentations in Business Purpose and Bridge Loans
Assembly Bill 3108 addresses misrepresentations in business purpose and residential bridge loans, impacting compliance for private lenders in California.
Examining Misrepresentations in Business Purpose and Residential Bridge Loans
Explore the implications of AB 3108 on misrepresentations in business purpose and residential bridge loans, shaping guidelines for private lenders in California.
How a Reverse Mortgage Prevented Bankruptcy for One Client
Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.
Single-Family Housing Starts Increase by 6.4%
Privately-owned housing starts experience a slight decline, indicating potential shifts in market dynamics that private lenders should monitor closely.
Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates
Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.