Is Now the Time to Readdress Conforming Loan Limits?
The conforming loan limit reached $971,000 last year for high-priced areas, leading to concerns the government may be subsidizing loans for wealthy families unnecessarily. Former Freddie Mac CEO Don Layton [...]
Institutional Investors Reach Seven-Year High in Home Purchases
With an emphasis on the Golden State, investors in 2021 comprised the highest share of single-family home and condo sales nationwide since 2013. The post Institutional Investors Reach Seven-Year High [...]
Ruth Cheatham Foundation Names Brian Vaughn to Its Board
Legal League 100 firm McCalla Raymer Leibert Pierce’s Director of Marketing joins the Foundation’s Board of Directors, dedicated to supporting the fight against adolescent cancer. The post Ruth Cheatham Foundation [...]
Black Knight: Foreclosure Activity is Beginning to Tick Up
The economic recovery that has occurred since the pandemic began has been nothing short of amazing, but the latest data shows that foreclosure activity is beginning to pick up. According [...]
HUD Names Four to Housing Counseling Federal Advisory Committee
Addition of four new appointments brings Committee membership to full 12 members authorized by statute. The post HUD Names Four to Housing Counseling Federal Advisory Committee appeared first on DSNews. [...]
Home Sellers Banking Record Profits
A new report has found that a profit of $94,092 on median-priced homes 2021 represented a 45.3% ROI compared to the original purchase price. The post Home Sellers Banking Record [...]
Hot Market Homes Selling at Record Speeds
The average median listing price of a home in the U.S. is now 10% higher than it was at the beginning of 2021, and projected to keep rising. The post [...]
Legal Insights: Bankruptcy Discharge Does Not Accelerate Entire Debt
Attorneys Laura Coughlin and T. Robert Finlay explain a recent ruling where a borrower’s bankruptcy discharge does not start the six-year statutory period for enforcing the entire debt. The post [...]
Rental Market Divided Along Race, Income Lines
During a time when rent prices are growing at double-digit rates, 36% of all renters make less than $30,000 a year. The post Rental Market Divided Along Race, Income Lines [...]