There has never been a better moment to discover how to make passive income. Your income has a significant impact on your lifestyle and degree of comfort. If you’ve just discovered that your salary is no longer sufficient to support
Fannie Mae lifted by low rates, purchase mortgages in Q2
Fannie Mae continues to reap the rewards of low mortgage rates as it posted a net income of $7.2 billion for the second quarter of 2021, up from $5 billion in the first quarter. Refinances continued to account for the
Selling an Inherited House: The Stress-Free Guide
Inheriting a house from a loved one can be a wonderful gift and a challenging situation to navigate all at the same time. Depending on the circumstances, you may have a few options on what you can do with the
Mortgage lenders are loosening standards on jumbos
Banks moved to ease lending standards for most mortgage loan products during the second quarter, according to a loan officer opinion survey published this week by the Federal Reserve Board. The quarterly survey found that banks loosened their underwriting standards
Are homebuilders burning bridges with real estate agents?
Alanna Strei of eXp Realty in San Diego and Cornerstone Communities’ new San Diego townhouses Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of
Mortgage fees to help pay for Biden infrastructure bill
The Senate is banking on extending mortgage fees that Fannie Mae and Freddie Mac indirectly charge to consumers to help pay for traditional infrastructure. According to legislative text publicly shared for the first time today by the U.S. Senate, renewing
Fannie and Freddie forbearance numbers dip again
Servicers’ forbearance portfolio volume fell yet again, this time dipping a single basis point to 3.47% from 3.48% last week, according to a survey from the Mortgage Bankers Association. According to MBA’s estimate, 1.74 million homeowners are still in forbearance plans. The share
Doma goes public, but investors cash out early
Digital title provider Doma has finally gone public, but has already had to pay out nearly $300 million to early investors who redeemed their shares. Backers said in March that they expected the SPAC merger to raise $645 million in
RON legislation passed in Illinois, New Jersey, Oregon
The use of remote online notarization is now permitted in Illinois, New Jersey and Oregon, bringing the number of states with RON legislation up to 37. Legislation is also pending in New York and New Hampshire, according to the American
Presenting HousingWire’s 2021 Women of Influence
The 2021 Women of Influence winners represent 100 of the most influential women in leadership in the housing economy. More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and
eClosing special reports
The COVID-19 pandemic forced the mortgage industry to digitize transactions that were once completely done in-person. And while technology has streamlined the industry, many housing professionals are still hesitant to exist in a digital landscape. This is partly due to
Notarize offers its users digital identity proofing and authentication services for eClosings
Due to the COVID-19 pandemic, the world rushed to digitize and transactions that once happened in person were forced online. And while the housing market continued to surge amid these changes, some people were still hesitant to do business in
With Encompass eClose from ICE Mortgage Technology, all eClosing steps can be completed within one workflow
Mortgage lenders are looking for ways to accelerate the digital mortgage process and deliver a one-of-a-kind experience for borrowers. ICE Mortgage Technology’s Encompass eClose allows lenders to electronically order documents, collaborate with settlement agents and partners, eSign documents with borrowers,
What is an iBuyer? What to Know Before You Sell Your Home to One
When the time comes to sell your home, there are several decisions you’ll be faced with – including which type of transaction works best for you. Should you hire a licensed real estate agent, sell your home without an agent,
Should You Sell Your House for Cash? What to Know About Cash Offers
There are numerous reasons why you may be thinking about selling your home, whether it’s because you’re moving to a new city, downsizing to a condo, or wanting to tap into your home’s equity. But if you’re looking to sell
Tucson Real Estate Market & Investment Overview 2021
Southern Arizona’s real estate market has been booming, and housing experts predict positive trends in the Tucson housing market in the second half of 2021. Tucson’s real estate market made headlines a decade ago for reaching incredible highs before the
California Real Estate Market Remains Hot in June 2021
The California housing market ended the previous year on a high note as sales remained strong in December and the median house price reached another record high. The same momentum has been carried forward in 2021 as the housing
US Housing Market Forecast 2021 & 2022: Crash or Boom?
Will the housing market crash? Let’s look at the most recent housing market trends and predictions for 2021 and 2022. We will discuss current overall real estate trends, price and rent increases, housing sales and supply, mortgage rates and delinquencies,
Creating a Podcast Room? 10 Expert Tips to Help You Get Started
For the podcast enthusiast, having a dedicated, comfortable, and quiet space to produce audio and video clips is essential to creating a successful podcast. From renovating a space to include noise buffering material to selecting the right equipment to achieve
Oakland homeowner alleges appraiser bias
An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development. Cora Robinson, who is Black, claims that appraiser Thomas Kearney
Home Worthy Tip!
If there’s one task in this world that everyone loves to hate, it’s laundry. Check out these super-easy laundry tips for putting an end to the never-ending cycle of, well, never-ending cycles.
Why the US MLS system is the envy of other countries
I have been following the discussion around the competitiveness, costs and consumer benefits of U.S. Multiple Listing Services (MLS) by those trying to disparage the system. As an Irish immigrant to the United States in 1996 who became a real
How Much Does It Cost to Sell a House?
If you’re thinking about selling your house, you’ll want to know how much it’s going to cost you to do so. The average cost of selling a home in the US is approximately 10 – 15 percent of your home’s
Biden administration prioritizes cybersecurity as fraud risks grow
As the Biden administration recently spotlighted, cybersecurity remains a high-level concern for the privacy and security of Americans. In fact, the FBI’s Internet Crime Complaint Center (IC3) has experienced a record number of reported complaints as of late, jumping from