NPR: Can rent control save California’s struggling renters?

Affordability continues to haunt homeowners and renters nationwide, especially Californians navigating one of the nation’s most unaffordable markets. However, a recently introduced proposition may offer Californian renters some peace of mind, according to an article from NPR.

Executive Conversation: Nancy Langer on breaking the real estate tax bottleneck

As digital mortgages become fully implemented, the real estate tax component represents a potential bottleneck, with many complexities involved in navigating unique real estate tax processes for the various taxing agencies. CoreLogic facilitates property tax payments with over 22,000 agencies, and has developed a framework to bridge connections among customers, servicers and taxing agencies.

HECM professionals set to meet in San Diego

The reverse mortgage industry’s biggest event is just one month away. More than 400 HECM professionals from 155 companies will meet at NRMLA’s annual conference next month to discuss issues affecting their work. “We won’t succeed if we keep doing things the way we always have,” said NRMLA Executive Vice President Steve Irwin. “Now is the time to identify new opportunities, new methodologies and new processes to leapfrog this industry forward.”

Mortgage Rates Surge to 7-Year High After Fed Hike

However, despite higher borrowing costs, prospective buyers appear to be having more success breaking into homeownership, according to Freddie Mac.

Wall Street Bets on Compass, OpenDoor

Investment firms pour millions into real estate startups that aim to change traditional real estate transactions.

Economists: Landlords Should Tread Carefully Raising Rents

Low rental vacancies nationwide, coupled with continued strong demand for single-family rental properties, could prompt landlords to increase rents even more.

5 Reasons Clients Should House Hunt in the Fall

If your buyers are on the fence or need a little motivation to shop for a home this season, here are some reasons autumn is the perfect time to buy.

You Can’t Deduct the Ballgame, But What About the Beer?

The IRS is working on guidance that would clarify the deductibility of expenses for client meals under the new tax law, The Wall Street Journal reports.

Elon Musk accused of securities fraud over Tesla tweets

Tesla Chairman and CEO Elon Musk committed securities fraud when he tweeted about taking the company private without actually securing funding as he claimed he had, the Securities and Exchange Commission claimed Thursday.

HECM originators sound off about relationship marketing

In today’s HECM climate, it’s all about relationship marketing. Leads are expensive, and with profitability down, spending dollars on marketing just doesn’t make sense. That’s why we’ve asked seasoned reverse originators for their tips on how to grow your professional network, get in the proverbial door and earn a partner’s trust. Here’s what they had to say.