Under the new plan, if a 66-year-old took up the proposed offer and lived until 91, he or she could receive a total of AUS$295,000 worth of ongoing payments, which would simultaneously be removed from the equity in their home.
The median price nationwide for existing single-family homes topped its all-time high yet again in the second quarter of the year, NAR reports.
Company officials detailed expansion plans for next year on a recent second-quarter earnings call.
The real estate community in California is pulling together emergency resources in case agents need immediate assistance.
Similar to the concept of rent control, the program offers incentives to rental property owners to ease the rate at which they increase rent.
As reported on Monday, real estate giant Zillow is getting into the mortgage business and judging by the stock’s rocky movement on Tuesday, investors were a little uncomfortable with the news.
The FHFA announced the results of the stress tests for Fannie Mae and Freddie Mac on Tuesday. And while the GSEs would still need a draw, the amount is improved from last year’s amount, when they would have needed nearly $100 billion in the case of economic adversity.
In collaboration with its preferred partner, HW Tech100 winner LBA Ware, The Mortgage Collaborative announced Tuesday the release of its enhanced benchmarking solution, TMC Benchmark 2.0.
Back in October last year, the CFPB announced its new 1,690-page-long payday lending rule that included several exceptions for credit unions. The final rule exempts some loans issued by credit unions in conformance with the NCUA for PAL loans, but now, NAFCU wants more.
WMIH Corp. subsidiary and HW Tech100 winner Xome announced it has appointed Rayman Kaur Mathoda as its new chief executive officer. She will oversee the company’s business segments and the transition of its recent acquisition.
Karin Comeaux
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148
(702) 328-4114
(702) 586-1616
