New construction comes with a typical 20% premium versus existing stock, adding fuel to the fire as consumers compete for affordable housing options.
Read More »Angel Oak Companies Name New Chief Information Officer
Angel Oak Companies, a leading vertically integrated asset manager delivering mortgage and consumer credit solutions, has announced that David Raju has been appointed its Group Chief Information Officer. Raju was ...
Read More »Better Technology Doesn’t Necessarily Mean Better Profits
Based 20 years of data, researchers found that there is no correlation between how much a company spends on technology and a lower fulfillment cost per loan or a higher net production income for banks and independents.
Read More »Pet-Friendly Features Can Help Sell a Home Faster
Homes with more bedrooms and private outdoor space are seen as a premium for pet owners, who are more likely to buy homes over 3,000 square feet for their furry friends.
Read More »When It Comes to Homebuying, There’s a Digital Generation Gap
Millennials have embraced the digital homebuying process, but new data from RE/MAX shows that Generation X and boomers have been slower to adopt such measures.
Read More »JPMorgan Chase Commits $8.4 million of Philanthropic Capital
As part of a five-year $400 million philanthropic commitment to that includes low-cost loans, equity and grants targeted to nonprofits and organizations in the affordable housing space that work to improve ...
Read More »New Rules to Protect Consumers From Unsafe Condos
In response to mounting concerns about aging condos after the Champlain Towers South collapse in Surfside, Florida, Fannie Mae has instituted new rules about deferred maintenance before they will take on the loan.
Read More »Group Pushes for Further Duty to Serve Improvements
A coalition has been created opposing the current DTS proposals, saying they aren’t in the spirit of why they were created and do not do enough to reach underserved markets.
Read More »Family Is an Important Factor for First-Time Homebuyers
Families play a key role in homeownership by helping with finances or offering advice, as 43% of those surveyed purchased a home because their parents expected it of them.
Read More »September Existing Home Sales, Median Home Price Both Increased
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the ...
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