The National Association of Mortgage Brokers has requested that the Federal Housing Finance Agency for leeway in mandatory implementation dates related to limited and streamlined condo reviews. Processing Content NAMB wants at least 12 more months to end the reviews and for buildings to meet a new higher bar for reserves, according to a letter […]
Brokers ask FHFA for more time to end limited condo reviews Read More »
In a market showing significant regional disparities, an entry-level home now costs at least $1 million in over 200 cities even as buying conditions become “friendlier” in large swaths of the country, according to Zillow. Processing Content The typical starter property costs at least $1 million in 242 cities, with the number of markets more
Starter homes start at $1M in 242 U.S. cities Read More »
Title insurers produced approximately 15% more premiums year-over-year in the first quarter, benefitting from the over 40% increase in loan production. Processing Content But a fair share of the volume growth came from refinancings as mortgage rates sank and actually fell below 6% for a brief period at the end of February. Title policies for
Title insurers see 15% premium boost in Q1 Read More »