A regulator in Illinois has suspended the MLO license of industry veteran Michael Strauss and the license for his mortgage company, Smart Rate Mortgage, essentially blocking the company from operating in the state, according to the Nationwide Multistate Licensing System
16 Must-Try Restaurants in Glen Burnie: Where the Glen Burnie Locals Eat
Just south of Baltimore is Glen Burnie, MD, offering the best that the state has to offer – beautiful parks, waterfront views, dockside dining, and of course, crab cakes. And if you’re living in Glen Burnie, then you probably have
Cooling buyer demand takes a toll on Q4 title profits
After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the
11 Must-Try Oxnard Restaurants: Where the Oxnard Locals Eat
Oxnard, CA, has the perfect blend of beachside living and charming residential streets. And living in Oxnard means you’ll also find amazing fresh seafood, local restaurants, and cafes serving the community for decades. But if you’re new to the city
What is the Ideal “Exit Strategy” in Real Estate?
What exactly is meant by the term “exit strategy?” Is it just cool venture capitalist jargon as they take their billion-dollar start-up profitably public? No, the phrase accurately describes the process of knowing when and how “to cash out” a
15 Must-Try Restaurants in Glendale, CA: Where the Glendale Locals Eat
With its views of the Verdugo Mountains and San Fernando Valley, quaint downtown, shopping centers, and close proximity to Los Angeles and Orange County, it should be no surprise that Glendale, CA, also has awesome restaurants. From local favorites to
How LOs can leverage their sphere of influence
The 2023 market is unlike those we’ve seen in previous years. We’re coming off of back-to-back years where mortgage rates were in the 2s and 3s, and they’re now in the 6s. In a market like this, every lead, loan
Northpointe Bank to shutter its correspondent lending business
Northpointe Bank, a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. “Due to the significant contraction in the overall mortgage
10 Must-Try Garden Grove Restaurants: Where the Garden Grove Locals Eat
Located in between Anaheim and Santa Ana is Garden Grove, CA, known for its green parks, annual strawberry festival, and of course, great restaurants representing Orange County. And if you’re living in Garden Grove, then chances are you have a
9 Local-Approved Things to do in Downtown Minneapolis
Minneapolis is a vibrant hub of cultural, recreational, and outdoor activities. From the sparkling lakes and parks to the world-class museums and theaters, there’s a never-ending list of things to do in downtown Minneapolis. Whether you’re renting an apartment in
Housing affordability ends 2022 at record low
Housing affordability hit a record low in the fourth quarter of 2022, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday. At the end of the fourth quarter, the index stood at its lowest level
M&A – IT’S ALL ABOUT THE AGENTS
Andrew Hauck learned everything he knows about real estate from his mom. As the broker/co-owner of CENTURY 21 Signature Realty in Saginaw, Michigan, Andrew started selling real estate with her when he was just 21 years old and still in
9 Must-Try Restaurants in Waterbury, CT: Where the Waterbury Locals Eat
With the Naugatuck River running through the city, Waterbury, CT, is a picturesque town located in the heart of the Northeast. And living in Waterbury means you get a charming downtown, lush and green parks, and stellar restaurants. But if
How to Sell Your Home Fast: Guide With Tips and Strategies
Selling your home can be a time-consuming and stressful endeavor, especially if you wish to do so quickly. However, with the right approach, you can streamline the process and sell your home quickly. In this article, we will discuss some
Joan Trice sells Valuation Expo and Appraisal Buzz newsletter
Education media publisher Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice, who created the two entities about 20 years ago. The staff of both appraisal conference Valuation Expo and the newsletter for appraisal professionals Appraisal Buzz
Mortgage rates rise for the first time in 2023. Is volatility back?
Optimism spread across the mortgage industry at the start of 2023. Signs that the disinflationary process was working raised hopes that the Federal Reserve may stop the federal funds rate hikes sooner rather than later. Mortgage rates also dropped about 30
Buyers are getting more for their money as home shopping season approaches
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Minimum wage workers need three roommates or four jobs to afford a two-bedroom rental
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Seasonal cooling, cost strains bring housing market closer to ‘normal’
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Zillow names Charlotte as 2023’s hottest housing market
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Prairie Village, Kansas, was Zillow’s most popular city in 2022
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Backyards are Zillow’s must-have home feature for 2023
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Home buyers see first signs of affordability relief in months
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CFPB to be lenient on enforcing changes from 2020 HMDA Final Rule
The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold. On September 23, 2020, the U.S. District Court