There’s little doubt that the economy has improved. Unemployment is down, and confidence is up, at least in general. But it can be tough to determine the extent of the… Read More »
At a bipartisan conference on housing, NAR President Steve Brown made a case for relaxing certain FHA policies that he says have impeded homeownership opportunities for many first-time buyers and… Read More »
Lighthouse Title has agreed to pay $200,000 for RESPA violations, after a CFPB review. Lighthouse violated conditions of the RESPA laws by making agreements with real estate brokers to provide… Read More »
Phantom MLS websites like Zillow, Trulia and Realtor.com are starting to feel the sting of rejection from real MLS organizations in the Nashville and Pittsburgh metro areas. In Nashville, the… Read More »
Review sites have gained in popularity dramatically over the past several years. Sites like Yelp! and Angie’s List allow customers to track ratings of every imaginable kind of business, from… Read More »
STORM DAMAGE
Batten down the hatches! A CoreLogic report estimates that 6.5 million homes on the Atlantic and Gulf coasts could be damaged by future hurricanes – representing $1.5 trillion in reconstruction… Read More »
You won’t find this in any description of “best practices” for protecting consumer information. A resident of Plymouth, MA found piles of old documents dumped in a field near his… Read More »
Why didn’t the Obama administration push harder and earlier for broad-based reductions in mortgage debt levels during the financial crisis? Lawrence Summers, former director of the National Economic Council, and… Read More »
OUTDATED?
Has the 30-year, fixed-rate mortgage outlived its usefulness, or is it still the bedrock of the U.S. housing finance system? Fortune Magazine cites three reasons for keeping it, among them,… Read More »
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 »