Weely Real Estate News
Real estate gurus: It may be time to buy a home—now
The post Real estate gurus: It may be time to buy a home—now appeared first on Weekly Real Estate News.
Articles by Allen Santos
Weely Real Estate News
Loan Level Price Adjustments (LLPAs) Explained
Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain […]
Weely Real Estate News
What Do Agents Need To Have This Year
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or debbiemoney2018@gmail.com What do agents need to have this year? A great mortgage lender that they can call or […]
Mortage News
Some BIG Changes to Mortgage Costs Were Just Announced
In a single moment, the fees for a vast majority of new mortgages in the US have changed. In some cases, the changes are drastic, both for better and worse. Let’s break it down. What […]
Housing Wire
FHFA reduces fee on GSE securities, industry cheers
The Federal Housing Finance Agency (FHFA) on Thursday announced that it would be reducing the fee on commingled universal mortgage backed securities from 50 basis points to 9.375 basis points, eliciting cheers from the mortgage […]
Housing Wire
Did Michael Strauss, accused of fraud, just start a new mortgage company?
When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. Shocked employees didn’t receive their last paychecks. There were no severance packages, and even health insurance was […]
Housing Wire
Inventory needs to increase to balance housing market: Fed Beige Book
High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. While home prices have started to inch down, more inventory is needed for a […]
Housing Wire
Mortgage rate protections, price discounts help reel in hesitant borrowers
Declining mortgage rates spurred the demand for home loans at the beginning of 2023, spreading optimism across the industry. But that’s not the only reason for the uptick. After months of a slowing housing market, […]
Housing Wire
loanDepot and Black Knight partner on integrated loan origination system
Nonbank California lender loanDepot will start moving some of its backend operations to Black Knight‘s cloud-based version of the Empower loan origination system this year as the firm continues its efforts to cut costs. Black […]
Housing Wire
The title industry’s role in uncertain times
After years of historic growth, the housing market is beginning to normalize. Home prices nationwide fell between August and September, marking the first time prices have declined for three consecutive months in nearly four years, […]