Latest Updates Around The World
“We are excited to partner with Point, who we view as the leading operator in a fast-growing asset class that offers homeowners an attractive alternative financing solution,” said Teddy Tawil, managing director and co-head of opportunistic lending at MidOcean Partners. “Point is positioned to deliver strong and sustainable growth, and we look forward to supporting […]
Securing rising living standards for all Americans depends on one basic need: affordable housing. Yet for millions of families, this goal feels further away than ever. In the United States, decades of rising costs, limited housing supply, and structural barriers have created an affordable housing crisis that affects nearly every community. The numbers are grim. […]
I maintain that the Federal Reserve’s primary goal has been to suppress wage growth. With wage growth at the bottom of the cycle, the institution is closing in on its policy goals. Wage growth is trending towards 3%, while productivity, they believe, is actually 1%. These conditions are conducive to achieving the 2% inflation target. […]
Bridge loan expert Sofia Nadjibi looks at consumers’ biggest concerns and misconceptions about bridge loans, so you can help steer them in the right direction Short-term home financing loansNow known as bridge loans, they have been around since the mid-20th century, yet many brokers and loan officers still view them as a strained strategy of […]
Mortgage purchase application details Mortgage purchase application data is a forward-looking indicator as it typically takes about 30 to 90 days for purchasing apps to lead to home sales. In some cases it may even be longer, as most sellers are homebuyers and it depends on how long it takes to sell and buy their […]
After the proposal was published, Nikitra Bailey, executive vice president at the National Alliance for Fair Housing (NFHA) testified before Congress about its reasons for opposing the change and has now been released a video on YouTube outlining her concerns. “ECOA became law in 1974 and it prevents banks from denying you a loan or […]
The discussion also coincides with a rise in private-label reverse mortgages, which New View estimates now account for about 40% of market activity. New view addressed each of the 21 questions asked in the RFI. She believes that some of the reforms she proposes can be implemented immediately, while others could take a year or […]
Accusations also include encouraging banks and real estate developers to focus on those communities, rather than all low-income households, the Washington Post first reported reported. “As you know, the Trump Administration is committed to protecting the civil rights of all Americans. However, at the direction of your office, city officials have planned to ‘smuggle racial […]
Editor’s note: This interview has been edited for length and clarity. Sarah Wolak: What inspired you to dedicate yourself full-time to Momentum Builder after four decades in the industry? Don Goetling: It actually started as a passion project to help more people. I have been in the industry for 39 years now and have always […]
The other board members include Brad Bjelke, the CEO of UtahRealEstate.com; Chris Carrillo, the CEO of North Texas Real Estate Information Systems; Art Carter, the CEO of California Regional MLS; Matt Consalvo, the CEO of Arizona Regional MLS; Shayne Fairley, the COO of Stellar MLS; Richard Haggerty, the CEO of OneKeyMLS; Chris Haran, the Managing […]
