It’s no secret that buying a home can be a complicated and even confusing process – and now one survey showed just how stressful Americans say that process is. As it turns out, many Americans, about 40%, say buying a new home is the most stressful event in modern life.
We all know that puffin’ is no good for your stuffin’ (organs), but did you know that it can also be detrimental to your home’s value?
Mortgage professionals descended on a Bay Area country club on Monday for the third annual 2018 Ellie Mae Classic. Colorful polo shirts abound as players lined up for Ellie Mae’s Community Pro Am, sponsored by HousingWire. Later in the week, Steph Curry and others high-profile athletes will compete against pros in the Celebrity Shootout.
The dramatic reshaping of Zillow’s place in the real estate ecosystem is about to take a giant step forward, as the online real estate behemoth announced Monday that it is getting into the mortgage business. To power its expansion into mortgages, Zillow is buying Mortgage Lenders of America. Click the headline for the full story.
HSBC revealed Monday that it recently agreed to a “settlement-in-principleâ€� with the Department of Justice that would see the bank pay a $765 million civil penalty that would resolve an investigation into the bank’s mortgage origination and securitization activities from 2005 to 2007. But that’s not the only pending settlement for the London-based bank.
Back in June, the Federal Housing Finance Agency proposed a new rule on Fannie Mae and Freddie Mac’s capital requirements, opening the rule up for public comment. Now, after the FHFA said it received a high level of interest and several requests from stakeholders for more evaluation time, it is pushing back its comment period.
Self-proclaimed as the first digital native title company, Spruce is out to disrupt the paper-based title and escrow process as part of the real estate industry’s quickening march toward the digital mortgage. And now, the company has some new capital to aid its pursuit.
Commercial real estate company Greystone is on a nationwide hiring tear as it expands its presence in response to increased demand for CRE loans and the emergence of a special appetite for small-balance loans in the investment community.
On Monday, digital lending company Blend announced its expansion into a new space with the unveiling of Blend Insurance Agency, an independent insurance agency that enables borrowers to shop for homeowners’ insurance during the mortgage application process.
While you were hanging by the pool, the multifamily market was putting up big numbers this summer. Rents are up and prospects are looking good in the near-term. Click through for a full breakdown.
Karin Comeaux
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148
(702) 328-4114
(702) 586-1616
