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Mixed Q1 Data on Property-Related Delinquencies
The first quarter offered no consistent pattern regarding property-related delinquencies, according to the latest Consumer Credit Delinquency Bulletin published by the American Bankers Association (ABA). Overall, delinquencies rose in... Read more
There was upward movement in the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 30
Mortgage Applications Up 1.4 Percent
There was upward movement in the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 30.   The Market Composite Index was up by 1.4 percent on a seasonally adjusted basis and was also higher by one... Read more
A real estate brokerage’s effort to rebrand an area of the Harlem section of New York City is facing charges of disrespect to the celebrated neighborhood
Real Estate Broker’s Effort to Rebrand Harlem Faces Criticism
A real estate brokerage’s effort to rebrand an area of the Harlem section of New York City is facing charges of disrespect to the celebrated neighborhood.   According to a NY1 News report, the local Keller Willams brokerage has used the... Read more
In what might one of the strangest yet tastiest promotions in mortgage market history, the online lender SoFi is promising to offer a month’s worth of home-delivered avocado toast to any borrower who takes out a home loan with the company in July
SoFi Offers Free Avocado Toast to Mortgage Borrowers
In what might one of the strangest yet tastiest promotions in mortgage market history, the online lender SoFi is promising to offer a month’s worth of home-delivered avocado toast to any borrower who takes out a home loan with the company... Read more
Home prices in most of the world’s major housing markets recorded first quarter increases, according to a new data analysis by Global Property Guide
Price Increases Seen in Most Global Housing Markets
Home prices in most of the world’s major housing markets recorded first quarter increases, according to a new data analysis by Global Property Guide.   House prices increased in 27 out of the 45 world's top housing markets, according to... Read more
The Fourth of July fireworks are over, but there’s one thing that is still going skyward: U.S. home prices
Guess What? Home Prices Are Still Going Up!
The Fourth of July fireworks are over, but there’s one thing that is still going skyward: U.S. home prices.   According to new data from CoreLogic, home prices in May were up by 1.2 percent from April and up 6.6 percent from May 2016.... Read more
Embrace Home Loans has announced that industry veteran Patrick Mullen has joined the company as its new Director of Recruiting
Embrace Home Loans Celebrates 34th Anniversary Through Community Volunteer Efforts
To celebrate Embrace Home Loans’ 34th year in business, the company has engaged in company-wide volunteer efforts across the country during its anniversary week. Embrace employees serve organizations within their community, such as Lucy’s... Read more
Where should the world’s wealthiest and savviest real estate investors place their funds
The Best Market for Global Real Estate Investment Is …
Where should the world’s wealthiest and savviest real estate investors place their funds? In a new survey from the London-based investment bank Schroders, the top answer is Los Angeles.   In the third annual Schroders Global Cities 30... Read more
A bipartisan duo of senators is reportedly working on a proposal that would break up the government-sponsored enterprises (GSEs)
Bipartisan Overhaul of GSEs Reportedly in the Works
A bipartisan duo of senators is reportedly working on a proposal that would break up the government-sponsored enterprises (GSEs).   According to a Bloomberg report that cites unnamed individuals who allegedly have “knowledge of the matter... Read more
Housing and Urban Development Secretary Dr. Ben Carson has expressed support for a plan that would enable cities to sell public housing properties to private developers
Carson Supports Selling Public Housing Units to Private Developers
Housing and Urban Development Secretary Dr. Ben Carson has expressed support for a plan that would enable cities to sell public housing properties to private developers.   In an interview with the Baltimore Sun, Dr. Carson stated that he... Read more