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Daily Dose

Mortgage Deduction Possibility Causes Uncertainty

In December 2016, then incoming Treasury Secretary Mnuchin boldly stated the Trump administration would employ the “largest tax change since Reagan.” However, that change could come with significant adjustments to the mortgage interest deduction, something that sparks mixed emotions across the country.

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Is the Real Estate Market Changing?

Most Realtors agree, according to a recent survey, that the landscape of their industry is changing. What aspects of real estate do firms believe will be important in the year to come?

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And the Verdict is?

Ten-X held a live webinar on Tuesday with EVP Rick Sharga to discuss his views on the state of the economy in this 2017 mid-year housing update.

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Mortgage Industry Veteran Joins Cause to Help Nation’s Heroes

Operation Homefront, a nonprofit organization dedicated to serving our military heroes after they return home from service, has recently announced the appointment of JK Huey to its Board of Directors after her retirement from Wells Fargo. Huey brings over 35 years’ experience in the mortgage industry to the cause.

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Back to the Future

In a move reminiscent of 2008’s increased popularity of subprime loans, the Office of the Comptroller of the Currency issued a bulletin Monday to national banks and federal associations that outlines practices to help manage programs that originate loans with a loan-to-value ratio over 100 percent. But is this responsible lending, or the same mistake from nearly a decade ago?

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How Far Will $1 Million Take You? It Depends . . .

According to AARP, those planning for retirement should save approximately $1 million considering the average American retirement age is 63 and life expectancy is 85. However, not all areas in the U.S. are the same when it comes to how long that million will last.

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Build Up, Build Out

New construction starts are on the rise at the start of Q3, which bodes well for coming months. See how specific regions performed across the country in this report.

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Freddie Mac Launches an ACE

When it comes to potential homebuyers as well as homeowners looking to refinance, Freddie Mac is turning to automated appraisals—at least if the property passes its automated collateral evaluation, or ACE.

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