Archives
North Iowa Real Estate Trends
Whether you are buying a home in North Iowa or selling one, it is important to understand what market you can expect to be dealing with in your specific state. Surely, it varies from area to area, and the current COVID-19 pandemic has slowed things down a bit, but overall trends can help offer a bird’s eye view of what to expect in the coming year.
CSBS: Fed Should Establish Liquidity Facility to Support Mortgage Servicers
Conference of State Bank Supervisors President and CEO John W. Ryan today sent a letter to Federal Reserve Board Governor Jerome Powell and U.S. Treasury Secretary Steven Mnuchin encouraging the creation
Coronavirus lending 101: How hard money can help
The Coronavirus has thrown the economy off a cliff leaving many equity rich property owners with no cash flow. The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down. Property owners are still on the hook to pay their mortgage and expenses on the property (taxes, insurance, maintenance, etc…). What do you need to know to get funding?
Operation HOPE to Provide Virtual Financial Recovery Support to Individuals and Small Businesses Affected...
Operation HOPE today announced that it has activated HOPE Inside Disaster for individuals and small businesses to receive free virtual financial recovery support in response to the nationwide economic impact of the new coronavirus, COVID-19.
February New Home Purchase Mortgage Applications Increased 25.9 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2020 shows mortgage applications for new home purchases increased 25.9 percent compared from a year ago. Compared to January 2020
Commercial/Multifamily Mortgage Debt Grows in the Fourth Quarter of 2019
The level of commercial/multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding
Mortgage Credit Availability Decreased in February
Mortgage credit availability decreased in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
Union County Man Arrested For Mortgage Fraud And Defrauding The Orange Public Library
A Union County, New Jersey, man was arrested today by federal agents on charges of mortgage fraud and scheming to defraud the Orange Public Library, U.S. Attorney Craig Carpenito announced.
Mortgage Credit Availability Decreased in December
Mortgage credit availability decreased in December according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool
Commercial and Multifamily Mortgage Delinquencies Stay Low in the Fourth Quarter of 2019
Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2019, according to the Mortgage Bankers Association's (MBA) latest Commercial/Multifamily
Top 7 tips when looking for a professional mortgage broker
In a digital world, finding a home loan can be tricky. There are so many options out there, how do you know the best one for you? This is where hiring a professional mortgage broker can save you a tonne of time, and money! Read on to find out our top seven
Mortgage Short Sale Negotiator Sentenced for Defrauding Mortgage Lenders
The principal and co-founder of a North Andover mortgage short sale assistance company was sentenced yesterday in connection with defrauding mortgage lenders and investors out of nearly $500,000 in proceeds from about 90 short sale transactions
Michael P. Flood Named Senior Vice President of Commercial/Multifamily Policy and Member Engagement
The Mortgage Bankers Association (MBA) announced today that Michael P. Flood has been named Senior Vice President of Commercial/Multifamily Policy and Member Engagement.
Ginnie Mae MBS Outstanding Increases to $2.130 Trillion
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $57.85 billion in January, providing financing for more than 223,938 homeowners and renters.
January New Home Purchase Mortgage Applications Increased 35.3 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2020 shows mortgage applications for new home purchases increased 35.3 percent compared from a year ago.
What are the Advantages of Using a Commercial Mortgage Broker
If you are planning to make a high-end investment like buying a commercial property, you need a commercial mortgage broker. Purchasing a business property or investing in a commercial real estate requires a lot of planning and financing. Aside from that
Preparing to Buy Property for First-Timers
Real estate can be an excellent investment whether you plan to own several properties or you are simply looking for a home of your own. However, if you have always been a renter, you might feel like the hurdles to buying your own home or starting to invest in real estate are overwhelming. You might not know how to find the right property, how you will afford it or what kind of steps you need to take to put the whole process in motion.
Mortgage Delinquencies Decrease in Fourth Quarter of 2019
The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019
5 Questions to Ask Yourself Before You List Your House
Selling your home is a big decision and can be a massive undertaking. If you are thinking or planning on listing your home in the future, here are five questions to ask yourself before you register your home.
Mortgage Credit Availability Decreased in January
Mortgage credit availability decreased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
