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Author Archives: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.

HUD, FHA Partner to Reduce Risks From Refis

The U.S. Department of Housing and Urban Development (HUD) announced initiatives to reduce associated risks with cash-out refinance lending.  Changes are aimed to help preserve the homeowners’ ability ...

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Risks of Mortgage Loan Defects Dropping

First American Financial Corporation reported that the frequency of defects, fraud, and misrepresentation in mortgage loan applications fell 7% month-over-month in June.  June’s report represents a 3.9% year-over-year ...

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Tracking Pending Home Sales in the U.S.

pending home sales

Pending home sales grew for the second-consecutive month in June, as the National Association of Realtors (NAR) announced the Pending Home Sales Index rose 2.8%, and year-over-year contract ...

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Fed Slashes Interest Rates

Interest rates have been cut for the first time in a decade, as the Fed announced Wednesday that rates will drop by a quarter of a point.  According ...

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Home Prices Climbing Higher

homes

Home prices rose 3.4% in May 2019, which is down from 3.5% growth the prior month, according to the latest CoreLogic Case-Shiller U.S. National HPI (HPI).  “Growth in ...

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