Residential

Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor.   According to a Bloomberg report, Berkshire Hathaway is buying a 38 percent stake in Home Capital Group Inc., a Toronto-based mortgage lender, for... Keep Reading....
The Independent Community Bankers of America (ICBA) has become the latest trade group to offer a white paper offering a strategy to resolve the future of the government-sponsored enterprises (GSEs)
The difference in opinions between homeowners and appraiser regarding home values has widened further, according to new data from Quicken Loans.   Last month, Quicken Loans determined that appraisals were an average of 1.90 percent lower than what the owner expected, up from the 1.77 percent... more
The cash sales share for all home sales in January 2017 was 36.5 percent, unchanged from a year ago, according to new data from CoreLogic
Last week saw upswings in the purchase and refinance markets, according to the latest Mortgage Bankers Association Weekly Mortgage Applications Survey for the week ending May 5.   The Market Composite Index increased by 2.4 percent on a seasonally adjusted basis and by three percent on an... more
New legislation introduced in Congress seeks to expand housing discrimination protection classes to include sexual orientation and gender identity
New legislation introduced in Congress seeks to expand housing discrimination protection classes to include sexual orientation and gender identity.   The Equality Act of 2017 would provide federal protections for the LGBT community in housing and credit access, as well as in employment and public... more
Mobile home
The Federal Housing Finance Agency (FHFA) is now seeking public input on Fannie Mae and Freddie Mac's proposed Underserved Markets Plans under the Duty to Serve program.      The FHFA issued a final rule on Dec. 13, 2016 to implement the Duty to Serve provisions, which requires the government-... more