The National Association of Mortgage Brokers (NAMB) declared its support this week for a bill introduced by Republicans in the U.S. House of Representatives that would reinstate the Loan Level Price Adjustment (LLPA) structure that was in place prior to
The AOL debate rages on
Fannie Mae dropped a bomb on the title insurance industry in April 2022, when it adjusted its selling guide to allow the purchase of loans using attorney opinion letters (AOLs). In the ensuing 15 months, discussion over the risks and
Home equity levels decline 0.7% year over year: CoreLogic
Home equity levels have been on the decline over the last year, new data shows. Homeowners with mortgage loans saw their home equity levels decline by an average of 0.7% between the Q1 2022 and Q1 2023, the first decline
What is PITI and How Does it Affect Your Mortgage?
The mortgage industry has its own language, and in order to understand it, homebuyers need to learn different acronyms and jargon when shopping for a home loan. A typical home loan payment or mortgage payment involves a single payment, which
Mortgage rates decline following debt ceiling deal
The U.S. debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 trillion limit until January 2025 and cap government spending. It alleviated some pressure on mortgage rates, which declined over the
Transform Your Space on a Budget: Weekend Home Projects Under $200
As homeowners, who doesn’t love the idea of improving our living spaces, especially when you can do it for under a couple hundred dollars? The great news is that there are several do-it-yourself weekend projects that can quickly transform your
Is Las Vegas a Good Place to Live? 11 Pros and Cons to Help You Decide
Las Vegas, with its glitz, glamor, and vibrant entertainment scene, has long been synonymous with a thrilling vacation destination. However, when it comes to choosing a place to call home, many wonder if Las Vegas truly offers a desirable living
Is Jacksonville, FL a Good Place to Live? 10 Pros and Cons to Consider
Jacksonville offers an extraordinary blend of coastal charm, a thriving culture, and a strong sense of community. From its breathtaking beaches to its diverse neighborhoods, this city embraces diversity, fosters innovation, and provides a welcoming haven for residents and visitors
Is Rockford, IL, a Good Place to Live? 8 Pros and Cons to Consider
Are you searching for a new place to call home? Look no further than Rockford, IL. Nestled along the scenic Rock River, Rockford perfectly balances urban amenities and natural beauty. But is it truly a good place to live? In
Tennessee Housing Market: Prices, Trends, Forecast 2023
The Tennessee housing market has experienced fluctuations in home prices and sales volume. While prices have decreased compared to the previous year, certain cities have seen significant growth in sales prices. The availability of homes for sale has increased, but
10 Fun Facts About Columbus, OH: How Well Do You Know Your City?
Welcome to Columbus, Ohio, a city with a rich history, vibrant culture, and a host of intriguing facts waiting to be discovered. Whether you’re a lifelong resident or you just rented an apartment in Columbus, it’s time to put your
Is the sinking housing market finally at the bottom?
It’s been a brutal 15-month period for the housing market since the Federal Reserve began escalating its benchmark interest rate in March 2022 to combat rising inflation. Since then, the Fed has bumped rates 10 times, effectively putting the brakes on what
Art, History, and Culture Unveiled: Explore 4 Unique Museums in Spokane
Nestled in the heart of the Pacific Northwest, Spokane, WA, boasts a rich cultural scene, with a variety of museums that cater to diverse interests. From art enthusiasts to history buffs and science lovers, this vibrant city offers an array
Encompass by ICE Mortgage Technology delivers an all-in-one workflow for omnichannel lenders
It’s important for today’s lenders to be as agile, efficient and scalable as possible to adapt to consumer preferences and fast-changing market conditions. Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution that provides the flexibility and
Is Naples, Florida a Good Place To Live? 10 Pros and Cons to Consider
Nestled on the picturesque Gulf Coast of Florida, Naples has long been regarded as a captivating destination renowned for its pristine beaches, vibrant cultural scene, and luxurious lifestyle. As you contemplate the idea of moving to Naples, it is crucial
For the title industry, new tech means new opportunities for fraudsters
The title insurance industry is on the front lines in a never-ending war with the fraudsters. As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud, criminals looking for larger paydays have
Is Scottsdale, AZ, a Good Place to Live? 9 Pros and Cons to Help You Decide if Scottsdale is the City for You
If you’re contemplating a move to Scottsdale, Arizona, it’s important to weigh the pros and cons before making a decision. Known for its warm weather, vibrant arts scene, and stunning desert landscapes, Scottsdale offers a unique living experience. If you’re
Median income earners can only afford 25% of current listings
It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. And while this situation is certainly far from ideal, according to
Hidden costs of homeownership can add up to nearly $15,000 annually
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More than 4 in 5 adults support building more homes in their neighborhood to boost housing affordability
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Asian and Pacific Islander-headed households face higher housing payment burdens than any other race
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Jacksonville Housing Market: Prices, Trends, Forecast 2023
Jacksonville is currently a seller’s real estate market. Jacksonville’s housing market has an ideal environment for investors, especially for turnkey real estate investments. Experts predict a positive trend in the near future and buying a property in Jacksonville appears to
3 Things Every Real Estate Investor Should Know
Real estate investment isn’t like any other kind of investment. Yes, at the core of all investments, there’s money and risk involved. But the major difference is that in real estate investing, you are responsible for the work required to
Benefits of Investing in New Construction Real Estate
When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. Resale properties are more often than not purchased directly from the homeowner who has