Tag Archives: Banking & Lending

Median home-sale price reaches all-time high of $335,613

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Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading →

Freddie Mac names Mark Grier interim CEO

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The Prudential Financial vet served on Freddie Mac’s board of directors for about one year before being named the company’s interim chief executive officer. Continue reading →

COVID-19-related forbearance volumes decline for first time since pandemic hit

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Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading →

How the coronavirus pandemic is changing home financing

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Vishal Garg and Adena Hefets discussed how the pandemic is impacting financing for homebuyers during a panel titled “Advances in Ways to Buy a Home.” Continue reading →

RE/MAX CEO: ‘If we sit and we watch, we’re not taking action’

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Adam Contos discussed managerial strategies in uncertain times, wearing his values on a t-shirt and volatility, uncertainty, complexity and ambiguity. Continue reading →

3 tips for avoiding surprises during the homebuying process

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During these unprecedented times, it’s important for agents to do everything they can to protect themselves and their buyers from hiccups during the process. Here are a few things you can do. Continue reading →

Young buyers disproportionately impacted by economic fallout

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According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Continue reading →

Real Estate scores $10.7B as small business loan program runs out of gas

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Real estate businesses collectively won about 3.14 percent of the total funding lawmakers set aside to save small firms during the pandemic. Continue reading →

JP Morgan Chase temporarily terminates HELOC loan offering

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Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Continue reading →