Fannie Mae Launches Underwriting Feature to Incentivize Homeownership
Fannie Mae added a feature to its automated underwriting system to incorporate consumers' rent payments in the mortgage credit evaluation...
Industry News
NAR to Host Third Annual iOi Summit Pitch Battle
The National Association of REALTORS® (NAR) will host its “Pitch Battle” competition as part of the third annual Innovation, Opportunity...
Commercial/Multifamily Lending on Track to Increase to $578 Billion in 2021
Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021, a...
$3.4T Budget Proposal May Redefine SALT Tax and Invest in Clean Energy
Senate Majority Leader Chuck Schumer recently released broad details of a proposed $3.4 trillion spending bill. The budget includes a...
Rate of Housing Inventory Declines Improving
New listings grew on a yearly basis in July for the fourth consecutive month, according to the latest realtor.com® Monthly...
As End of Moratorium Approached, Foreclosures Dipped
ATTOM released its July 2021 U.S. Foreclosure Market Report, finding a total of 12,483 U.S. properties with foreclosure filings—default notices,...
Strong Job Growth an Indicator Forbearance Rates Will Decrease
The total number of loans now in forbearance decreased by 7 basis points from 3.47% of servicers’ portfolio volume in...
LeadingRE and LPI Announce Winners of HGTV Ultimate House Hunt
The winners of the HGTV Ultimate House Hunt 2021 have been announced. The popular online promotion held annually on HGTV.com spotlights...
Black REALTOR® and Client Handcuffed During Home Showing
Earlier this month, a Black Michigan REALTOR® named Eric Brown was the purported victim of racial profiling during what should...
ATTOM: Surging Home Equity Indicator of Healthy Housing Market
ATTOM's latest U.S. Home Equity & Underwater Report shows that 34.4% of mortgaged residential properties in the U.S. were considered...
How to Have the Property Tax Conversation With Buyers
Homebuyers often ask questions about rising property taxes, but you must walk the line of being a resource and protecting your liability. Read more.
Business Tip of the Day provided by
