With Fannie Mae and other organizations predicting a tough outlook for 2023’s housing market, loan officers should be looking to get their name out in front of as many potential borrowers as possible in order to secure business. Even if you think you have enough business right now, you need
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Powerful House Financial Services Committee Chairwoman Maxine Waters wants regulators to closely scrutinize the proposed $13 billion purchase of Black Knight by Intercontinental Exchange (ICE). In a letter sent to the Federal Trade Commission (FTC) this week, the California Democrat raised concerns about the merger, which would make ICE the
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Houston, Texas-based title firm Stewart, the smallest of the Big Four title insurance companies, has come under fire from New York Attorney General Letitia James for business practices that “hurt worker and limit their earning potential,” according to an announcement on Thursday. An investigation by James’s office found that Stewart
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Prepayment activity is expected to face seasonal headwinds into early 2023 after hitting another record low in November. “Record low refinance activity and lackluster home sale volume driven by still historically tight home affordability” was the result of prepayment dropping 15.6% to a single-month mortality rate of 0.40%. This was
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Mortgage industry executives, analysts and economists have started to place their bets on where mortgage rates will settle in 2023 amid the Federal Reserve’s tightening monetary policy and the fears of an economic recession. Spoiler alert: don’t expect much, if any, relief for borrowers in the short term. It’s true
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If a single real estate agent were to sell every home that we featured as a House of the Week for its listing price in 2022, they would have made …
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House For Sale, Price Reduced. Real Estate Sign. Front Yard. Getty Images. LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed for …
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A home in Bay Island Shores tops all transactions in this week’s real estate. Timothy and Jeri Moravits sold their home at 778 Siesta Drive to …
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“A tightening inventory, higher interest rates, and economic uncertainties have had a big impact on consumer confidence, and real estate activity …
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Property sales in rural and coastal areas have fallen as homebuyers flee the country and return to urban life in the wake of the pandemic, …
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REAL ESTATE/CREDIT … LOS ANGELES — The housing market slump deepened in November as sales of previously occupied U.S. homes slowed for the 10th …
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Year-over-year, sales dwindled by 35.4% (down from 6.33 million in November 2021). “In essence, the residential real estate market was frozen in …
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