Scaling back housing related tax breaks (the mortgage interest deduction would be the biggest target) might make economic sense to anyone trying to reduce the budget deficit, but the politics… Read More »
That’s the Fed’s view of the employment market. Economists at the central bank expect the unemployment rate will fall to 6 percent by the end of this year. That’s getting… Read More »
REFORM ODDS
Conventional wisdom in Washington holds that restructuring of the home finance system is inevitable and will eliminate Fannie Mae and Freddie Mac. But analysts at Keefe Bruyette & Woods read… Read More »
MORE DATA
“An unwarranted intrusion on personal privacy.” That’s how Republican critics are describing a sweeping data collection initiative launched jointly by the Consumer Financial Protection Bureau (CFPB) and the Federal Housing… Read More »
Think the new Qualified Mortgage rules and tighter underwriting standards generally have reduced default risks? Think again. A Default Risk Index created by University Financial Associates estimates that mortgages originated… Read More »
The CFPB is number one with lenders – number one on their list of concerns. More than 60 percent of the industry executives responding to QuestSoft’s annual compliance survey ranked… Read More »
DO YOU KNOW Who created the first title insurance company? Which state contains the largest concentration of million-dollar- homes? What is the most expensive private residence ever built in… Read More »
By Steven Winkler Chief Underwriting Counsel and Secretary Williston Financial Group A recent case from the United States Court of Appeals for the Fifth Circuit, Lawyers Title Ins. Corp. v.… Read More »
Looking for a topic for your next blog post? Here’s a simple idea that you can use again and again. As an agent, you’re probably out previewing new listings all… Read More »
Though most of us are loathe to admit it, summer is almost gone. The light is fading and the temperatures are falling, so it’s time to prep your home for… Read More »