Q&A With Tony Sottile about bankruptcies and how they affect lien holders.Read More
An Alternative To Traditional Real Estate Investing
A decade after the U.S. housing bubble burst, house flipping is on the rise again. Defined as reselling a house within a year of purchase, flipping is at an 11-year high in the United States and it’s the subject of dozens of TV shows and weekend workshops promising to teach real estate novices how to make a fortune.Read More
As home-price appreciation accelerated again after six months of slowing growth, the national home price index (HPI) reached a new high of $283,000 in October, according to Black Knight's most recent HPI reportRead More
President Donald Trump's promised rollback of banking regulation is well underway, with vacancies at the top of key agencies and new legislation in the works.
Since the start of his presidency, Trump has decried the financial rules and regulations put in place to combat the excesses that led to the financial crisis through the Dodd-Frank Wall Street reform legislation of 2010.Read More
Dallas-Fort Worth apartment rent increases slowed to a crawl in September.
Average D-FW area rents were up 1.9 percent from September 2016. That's just a third of average annual rent gains in the last few years, according to a report from Richardson-based Axiometrics.Read More
With the housing crisis and the recession firmly in the rear-view mirror, more and more credit unions are looking for ways to help consumers qualify for home loans — even if that means accepting a significantly lower down payment than might ordinarily be required.Read More
On the campaign trail, President Donald Trump promised to dismantle the Obama-era rules on the banking and mortgage industry. As late as this April, Trump spoke of “a major elimination” of the Dodd-Frank Wall Street Reform and Consumer Protection Act.Read More
Total commercial and multifamily mortgage debt outstanding rose to $3.06 trillion at the end of the second quarter of 2017, as three of the four major investor groups increased their holdings, according to the Mortgage Bankers Association (MBA)'s latest Commercial-multifamily Mortgage Debt Outstanding report.Read More
Fannie Mae announced it completed its third set of traditional credit insurance risk transfer transactions of 2017 with its transaction that included $23 billion unpaid principle balance in single-family loans.Read More
Overall housing starts fell slightly in August, but the pace of single-family home building continues to gain steam. Housing economists, which have repeatedly blamed sluggish home building for exacerbating the tight market for home sales, gave mixed reviews about the state of affairs in building.Read More
Virginia Tech environmental engineering professor Marc Edwards said Friday Sept. 15, 2017 that after several rounds of testing, lead levels are back to normal, for a city with old lead pipes. He’s recommending the continued use of filters and cautions that residents lack confidence in a government they blame for the water problems.Read More