"NYCB just announced it's decision to phase out its retail mortgage channel following the acquisition of another big bank. Find out more about the storyline behind the acquisition and discover why NYCB is taking this unprecedented step."
"Renters rejoice! Learn how the Biden adm. is providing rent protections & transforming the housing market for the better! Get all the details here."
Down 33.8% from last year, pending home sales are still managing to remain above market forecasts. With contract signings increasing 2.5%, HG House Market seeks to provide potential buyers with the best advice & rates for homeownership. Find out how we're helping buyers today!
A new bill has been proposed in order to modernize the Department of Veterans Affairs, however there are some pros and cons to this bill. Some people believe that this bill will help to improve the quality of care that veterans receive, as well as help to reduce the amount of time it takes for veterans to receive care. However, there are also some concerns that this bill could end up causing more harm than good, and that it could end up privatizing the VA.
This article provides an inside look at the latest trends in housing regulation and policy. It discusses the challenges that regulators and policymakers face in trying to keep up with the rapidly changing landscape of the housing market. The article highlights some of the key issues that are currently being debated, including the role of the private sector in providing affordable housing, the need for more flexibility in zoning regulations, and the challenges of regulating short-term rental platforms like Airbnb.
The appraisal process for a home purchase can be lengthy and stressful for all parties involved. However, there are some best practices that can help to speed up the process. For buyers, it is important to be prepared with all required documentation upfront. This includes a loan application, proof of income, and a credit report. Sellers can help by providing a list of recent home improvements, as well as any relevant HOA documents. Appraisers will need access to the property, so it is important to clear any obstacles in advance. Lastly, everyone should be available to communicate throughout the process to avoid delays. By following these best practices, the appraisal process can be much smoother and quicker for all involved.
The CFPB has announced that it will be relaxing its enforcement of the 2020 HMDA final rule in order to give financial institutions more time to comply with the new requirements. This enforcement relief will apply to both reporting and disclosure requirements, and will remain in place until December 31, 2021. This means that institutions will not be subject to penalties for non-compliance with the new rule during this time period.
Filing for bankruptcy is a difficult decision for anyone to make, and it can be an especially difficult time for small businesses. When your client files for bankruptcy, it is important to be understanding and patient. You may be tempted to immediately start working on a new project or trying to get paid, but it is important to remember that your client is going through a difficult time. It is important to be understanding and patient, and to work with your client to ensure that they are getting the help they need.
This article discusses the current state of mortgage rates and the housing market. It cites a number of sources that suggest that rates will remain low for the foreseeable future. This is good news for those looking to buy a home, as they will be able to get a lower rate. However, it is bad news for those who are currently in the process of selling a home, as they will likely have to accept a lower offer.
Inflation has been a worry for the Fed in recent months, as it has threatened to erode the purchasing power of American consumers. However, recent data shows that inflation has slowed down, which may lead the Fed to pause its rate hiking plans. This is good news for borrowers, as it means that interest rates will remain low.
