HUD highlights support for expansion of high-speed Internet access
U.S. Department of Housing and Urban Development (HUD) released a new guidebook Monday that highlights support for expanding high-speed broadband internet service to public housing authorities, multifamily owners and operators, and Native American tribal communities in urban and rural areas. The guidebook outlines the funding program mechanics and how these regions can ensure they receive […]
Keeping Up with Current Affairs has hired George Ratiu as chief economist.
Keeping up with current affairs (KCM) announced Tuesday that George Ratiu, formerly manager of economic research realtor.comHas joined the company as Chief Economist. Retiou has over 15 years of experience tracking the US economy and real estate markets, having worked in National Association of Realtors And Move, Inc. before joining Realtor.com in 2021 where he […]
LendingPad integrates with mortgage marketing provider Aduvo
Cloud-Based Loan Origination System Lendingpad is integrated with aduwo, which provides mortgage marketing automation solutions. “While planning the launch of Aduvo, our team knew that partnering with LendingPad would be a strategic move for our company,” Aduvo founder Josh Bopp said in a prepared statement. Users can choose to sign up with Aduvo, and in […]
IMBs face ripple effect from recent bank failures
March came like a tiger for the banking industry with a trio of bank failures including the country’s 16th biggest bank, Silicon Valley Bank (SVB), with assets of $212 billion. Other banks that relaxed in early March were crypto-friendly lenders Silvergate Capital Corp. ($11.4 billion in assets) and signature bank ($110 billion in assets). Bank […]
Parks National Bank to pay $9M to settle redlining charges
ohio-headquarters Park National Bank will pay $9 million under an agreement with US Department of Justice (DOJ) to resolve allegations of discrimination against black and Hispanic neighborhoods in the Columbus area. The complaint, filed in federal court last month in the U.S. District Court for the Southern District of Ohio, alleges that Parks National at […]
7% mortgages are back with a vengeance
Continued economic growth and persistent inflation are causing mortgage rates to rise again, which exceeded 7% on Thursday. Economists say it could be some time before they start ticking back. The 30-year fixed-rate mortgage rose 16 basis points to 7.10% on Thursday, March 2, from Wednesday’s 6.94. latest survey by Freddie Mac The 30-year fixed-rate […]
Considering an iBuyer? prepare to pay
in this article This article is based largely on A video by Frank and Brian of National Real Estate Group, I’m pulling directly from this video because I think they do a good job of summarizing the iBuyer landscape. What is an iBuyer? First things first, iBuyer is a real estate entity with technology behind […]
Mortgage delinquency improves across the board
Mortgage delinquencies were down across the board in January, with the overall national delinquency rate falling to 3.38%, a decline of 10 basis points from December, according to black KnightMortgage performance statistics at the end of the month. National crime declined by 15.1% in January compared to the same period last year. The number of […]
Sell Your Home Faster With These Curb Appeal Tips
in this article Let’s talk about curb appeal tips that can sell your property fast. ok guys Common sense is not always a common thing. So, I’m going to be very plain and simple. What I’m about to tell you is probably Real Estate 101. We’re really going to get down to the basics. How […]
6 Effective Tips to Make Sure Your Proposal is Accepted
in this article Making an offer is one of the most exciting steps in the home buying process. It’s even more exciting when your offer is accepted – especially when you know it’s a good deal! I enjoy writing proposals and negotiating purchase contracts. There is something fun and gratifying in taking action to buy […]
