U.S. federal and state agencies announce pilot project to improve supervision of subprime mortgage lenders (Investment Executive) Three U.S. federal agencies and two associations of state regulators have announced they will cooperate to conduct targeted compliance reviews of selected non-depository lenders with significant subprime mortgage operations.read more...
Appraisals coming in higher than sales price What's going on with appraisals in some parts of the country? Mortgage lenders -- and appraisers themselves -- say they're increasingly coming in with valuations higher than the contract
REIT Replay: Apartment REITs back in the spotlight as America First takes the bait "However, Essex is well-positioned versus its peers, given its focus in high-growth markets" REITs finished in the red on Monday, June 25, as the 10-year Treasury yield closed at
Hollywood wants out of deal to redevelop downtown HOLLYWOOD -- He had a bold idea, but needed money to make it work. City Commissioners liked the idea, and had the money.Commentread more...
Mortgage Rate Drops for Sixth Straight Week (Builder Online) The nation's benchmark mortgage rate has fallen for a sixth straight week, dropping to the lowest level in three months.read more...
First-time buyers bear brunt of interest hike HOUSE price affordability is fast becoming a major issue for first-time buyer couples, a new EBS/DKM joint report demonstrated clearly earlier this week.read more...
As rising interest rates make homes more expensive for borrowers, many economists, including Simonson, predict the rental market could strengthen. In general, he said, he’s ‘less pessimistic’ than …
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