What has 26.1M people saying bah humbug? Porch pirates

If you’ve ever had a package snatched from your front door, you’re not alone. According to new data from insuranceQuotes.com, 8 percent of the population — 26.1 million people — have had parcels swiped by so-called “porch pirates” during the holidays a… Continue reading

Millennials’ unconventional credit habits may change scoring models

According to the latest study by data scientists at VantageScore Solutions, a scoring model still struggling to gain acceptance by the federal agency that regulates the two secondary mortgage giants Fannie Mae and Freddie Mac, millennials have similar … Continue reading

What’s the most popular state for homebuyers to migrate to?

Of the more than 2 million mortgage applications made this year through mid-November and analyzed by LendingTree, 12.4 percent of the top state’s buyers were out-of-state folks looking to relocate, according to new research from LendingTree. Find out w… Continue reading

This agent is using his military experience to help other veterans buy homes

After three posts in Baghdad, Austin real estate agent, Raoul Rowe is using his life experiences to educate other veterans and help them buy homes. Continue reading

Fed, other regulators crack down on money laundering

Uncle Sam is getting serious about illicit money laundering, especially as it applies to real estate. Here’s what the Fed and four other regulatory agencies are doing to take action against financial crimes that affect our industry every day. Continue reading

Fed probing into cash deals over $300K to prevent fraud

FinCEN now requires title insurance companies to identify the persons behind shell companies used in all-cash purchases of residential real estate. The purchase amount threshold, which previously varied by city, is now set at $300,000 for each covered … Continue reading

Agent’s reputation, social media matter most to clients: study

The latest J.D. Power Home Buyer/Seller Satisfaction Study found that the single most important reason for selecting a real estate company is its reputation. Continue reading

FHFA raises conforming loan limits to $484,350

The Federal Housing Finance Agency gives 2019 homebuyers a break with a 6.9 percent increase in the max loan amount Fannie Mae and Freddie Mac can purchase. Homebuyers will be able to afford a little more house at a slightly cheaper rate next year than… Continue reading