Effective October 10, 2017, the Federal Mortgage Disclosure Requirements under the Real Estate Settlement Procedures Act and the Truth in Lending Act that are implemented in Regulation Z will be changed to clarify technical amendments. See what’s being changed here.
Read More »The Housing and Construction Conundrum
The construction industry is lagging behind despite home prices being close to pre-recession peaks. Homebuilders say labor shortage is to blame, but income for workers hasn’t changed since 2006. If they increase wages, then home prices would go beyond buyers reach. So what can be done?
Read More »Housing is Affordable, But Consumers May Not Feel It
Housing has been reaching record affordability, but a recent perspectives blog proposed the question: why doesn’t it feel that way? Apparently, it’s due to three reasons.
Read More »All in a Day’s Work
Since its inception in 2006, only 14 executives have been honored as recipients of the Five Star Lifetime Achievement Award. On September 19, the Five Star Institute will honor another individual for their service and dedication to the mortgage industry.
Read More »What State Gives More for What You Get?
It’s important to find a job that is both rewarding and in an area buyers enjoy—but what about being in an area that will produce the most income? Take a look at what state came out on top for discretionary income.
Read More »As individuals make their way through the industry and companies merge, keep watch on the important highlights in this activity update. Flagstar Bank recently announced the addition of Kristy ...
Read More »The American Dream—for a Price
Though homeownership has been unobtainable for low-income households for most of the last few decades, the trend is beginning to reverse.
Read More »My Home is Worth What?
There’s some discrepancy between homeowners and appraisers property values, according to a recent report. See what areas came in higher than expected.
Read More »5 States Headed for Correction
Home prices are rising and inventory is low—sound familiar? Though it means that housing confidence is up, it also means for certain areas that we could be headed for a correction.
Read More »Flagstar Announces new Leader to Mortgage Business
Flagstar Bank recently announced the addition of Kristy Fercho, who was previously SVO and Customer Delivery Executive for Fannie Mae, to lead Flagstar’s Mortgage Business.
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