In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading
The Mortgage Banker Association’s Sara Singhas explained how mortgage forbearance and repayment works and what homeowners should do if they need more time. Continue reading
In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Continue reading
In a bill passed last week, lawmakers provided for some serious financial aid for small businesses such as real estate brokerages. Continue reading
Find out what products real estate pros are using to help their buyers buy — and what to watch out for if you choose an alternative finance option. Continue reading
Given the recent volatility with mortgage interest rates, real estate agents need to remember best practices in regards to advertising, which can include posting about rates on social media. Here are a few things to keep in mind so that you don’t get y… Continue reading
A couple with a 1-year-old son are urging homebuyers to exercise caution after losing nearly $800,000 in a complicated escrow scam. Continue reading
Disruption has long been a buzzword in the industry. As Residential Finance Month comes to a close on Inman, we’re wondering how you’re feeling about the new models emerging and where an agent’s place is in all of this change. Continue reading
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading
If you have clients who are struggling to get their finances in line while preparing to buy a home, here is some advice you can give them to help get their credit scores in good shape and keep them healthy moving forward. Continue reading