Here’s how to choose between a house, condo or townhouse

Date: 23 Jan 2021 / Posted By: admin

Here’s how to choose between a house, condo or townhouse Buying a home is a big decision. And choosing the right type of property? That’s critical to success. The property type you opt for will ultimately impact your cash flow, how much work and maintenance the home requires, and the wea

People movers: Better.com, Credit Plus, Foundation Title & Escrow

Date: 22 Jan 2021 / Posted By: admin

People movers: Better.com, Credit Plus, Foundation Title & Escrow HousingWire’s People movers section covers the latest hiring updates in the mortgage and real estate industry. This week, Better.com, Credit Plus and Foundation Title & Escrow Series announced changes to their leadership te

Senate Finance Committee unanimously approves Yellen

Date: 22 Jan 2021 / Posted By: admin

Senate Finance Committee unanimously approves Yellen By a unanimous 26-0 vote, the Senate Finance Committee approved Janet Yellen’s nomination to become U.S. Treasury Secretary on Friday. Senate Majority Leader Chuck Schumer said there would be no other votes in the Senate on Friday, mean

Biden issues 60-day regulation freeze

Date: 22 Jan 2021 / Posted By: admin

Biden issues 60-day regulation freeze As one of his first directives upon taking office, President Joe Biden announced a 60-day freeze on regulations to give his administration the time necessary to review any new rules. It could affect two recent rules related to mortgages. Biden ordered that

COVID couldn’t stop the U.S. housing market in 2020

Date: 22 Jan 2021 / Posted By: admin

COVID couldn’t stop the U.S. housing market in 2020 Today the National Association of Realtors reported existing home sales for the month of December were at 6,760,000, a beat of estimates. This also closed the books on 2020’s housing market as we finished out the year at 5,640,000 total ex

2020 ends with 3.4 million loans in delinquency

Date: 22 Jan 2021 / Posted By: admin

2020 ends with 3.4 million loans in delinquency The final delinquency tally for December is in, with data revealing that by year’s end, 1.54 million more delinquent and 1.7 million more seriously delinquent mortgages were reported than at the start of 2020, according to a report from Black Kn

Purchasing a home virtually? Here are 5 tips!

Date: 21 Jan 2021 / Posted By: admin

Purchasing a home virtually? Here are 5 tips! Purchasing a home virtually has skyrocketed in recent months.  In fact, according to a new report from real estate brokerage Redfin, a whopping 63% of last year’s buyers made at least one offer sight-unseen, never setting a single foot inside

Fannie Mae names Ryan Zanin EVP, chief risk officer

Date: 21 Jan 2021 / Posted By: admin

Fannie Mae names Ryan Zanin EVP, chief risk officer Fannie Mae announced Ryan Zanin will be joining the company as its executive vice president and chief risk officer, effective Feb. 1. Zanin has served on Fannie Mae’s board of directors since 2016, but will step down from this position on Jan

Hispanic households to grow the most over next 20 years

Date: 21 Jan 2021 / Posted By: admin

Hispanic households to grow the most over next 20 years In a release on Thursday, the Urban Institute projected the future headship rate — the share of adults who are the heads of households — and the homeownership rate — the share of household heads who own their homes — through 2040. P

Startup profile: Propy

Date: 21 Jan 2021 / Posted By: admin

Startup profile: Propy Taken from the December/January issue of HousingWire Magazine, Propy is making its splash in the real estate transaction process. Back in 2019, the National Association of Realtors announced it was backing HousingWire 2020 Tech100 Real Estate winner Propy,