Author name: Ricky Vasquez

Trump’s 401(k) proposal could help homebuyers, hurt retirement funds

President Donald Trump’s expected proposal to allow Americans to tap their 401(k) retirement accounts without penalties to fund down payments could ease one of the biggest barriers to homeownership, but it could come at the cost of weakening long-term retirement security. The idea was absent from Trump’s speech on Wednesday at the World Economic Forum […]

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First American launches free title monitoring, fraud alerts

First American Title is offering customers a free property title monitoring and fraud alert service, citing growing concerns about real estate crime and identity-based property theft. The service alerts homeowners to new public record filings — such as deeds or liens — that could affect property ownership. Losses tied to cybercrime exceeded $13.7 billion in

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Trade groups push for lower FHA premiums, LLPA cuts

Multiple mortgage lending trade groups are urging the White House to take administrative steps to lower the costs of home loans, arguing that federal regulations have driven up borrowing expenses as affordability worsens. In a letter sent Wednesday to White House National Economic Council Director Kevin Hassett, the Mortgage Bankers Association, America’s Credit Unions and

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