The president should unwind the federal government’s stake in Fannie Mae and Freddie Mac, and direct the proceeds to a housing remainder trust designed to close critical gaps in real estate lending, writes Joshua Rosner, of Graham Foster & Co.Adobe Stock America’s post-pandemic paradox is clear: The economy keeps adding jobs, but the supply of […]
Trump could solve the housing crisis with no help from Congress Read More »
AGENTS: Did you know you can share a personalized version of this post? Learn more! Infographics Some Highlights A growing number of homeowners are overestimating today’s market. And that’s why the number of sellers dropping their price is back at normal levels. A lot of the time this is happening because they’re not paying attention
Why Your Home’s Asking Price Matters More Today Read More »
Does winning new business feel harder than ever? It’s not your imagination. Higher interest rates, low housing inventory, and tighter margins have combined to shrink the number of available transactions. And with all title professionals vying for scarcer deals, it’s easy to feel like you’re doing all the right things—delivering great service, meeting deadlines, solving
These four strategies are helping title companies win more business Read More »
Traditional QC risks are declining, but lenders now face mounting exposures in fraud, insurance gaps and compliance volatility. The mortgage industry’s quality control risk landscape is shifting dramatically. Traditional defect categories such as income and employment and credit are seeing historic declines, while once-marginal issues like insurance gaps and fraud are now taking center stage.
QC risks are shifting: Fraud, insurance, and compliance take center stage Read More »
With mortgage rates still hovering near multi-decade highs, homeowners are opting to hold onto their ultra-low first mortgages. Instead of refinancing, they’re tapping into their equity through home equity loans and HELOCs to finance renovations, cover tuition, or consolidate high-interest debt. Lenders are stepping up with a broader menu of second-lien products to meet this
Why it’s time to rethink the appraisal default in home equity lending Read More »
Rhode Island real estate professionals are criticizing two new taxes that will increase costs for Ocean State homeowners, including a levy dubbed the “Taylor Swift tax.” State lawmakers last week approved a $14 billion fiscal year 2026 budget, which now awaits Gov. Dan McKee’s signature. Included in the proposed budget is a 63% increase in
‘Taylor Swift tax’ draws ire from mortgage, housing groups Read More »
Anywhere Real Estate has appointed Barri Rafferty as its new chief communications officer and head of public affairs. In this role Rafferty will lead Anywhere’s public relations, communications, government relations, and events and productions functions. “I’m honored to take on a new challenge at Anywhere as it pursues its mission to provide a superior, end-to-end
Anywhere welcomes Barri Rafferty as chief communications officer Read More »
The U.S. House of Representatives unanimously passed the Homebuyers Privacy Protection Act (H.R. 2808) late Monday, bringing a national ban on abusive trigger leads one step closer to reality. The move was widely applauded by mortgage trade groups. The House’s action follows the U.S. Senate’s approval of a similar bill (S. 1467) on June 13.
House passes abusive trigger leads ban Read More »
Given the animosity between Compass and Zillow over the portal giant’s listing standards policy, it came as little surprise when the Robert Reffkin-helmed firm filed a lawsuit against Zillow Monday morning. While the complaint contains many of the anticipated claims, including that Zillow enacted the policy, which bans listings that are publicly marketed for more
The juiciest details in Compass’s lawsuit against Zillow Read More »
Global tensions between the United States and Iran have led many in the mortgage industry to wonder whether the bombing of Iran nuclear sites would move bond yields and lead to a drop in mortgage rates. On Monday, just as economists were factoring in the possibility of war with Iran, at least one member of
The mortgage market hopes for rate cuts amid war moves Read More »