Private Mortgage Insurance Company Changes and News; Vendor Updates

Private Mortgage Insurance Company Changes and News; Vendor Updates

All the tizzy last month has reminded us that the FHA's Mortgage Insurance Premium is only one type of mortgage insurance. There are several
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University of Miami proposes $100M student housing expansion

Like the general housing market, demand for student accommodations remains robust and plans by the University of Miami to expand its existing stock
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SBA lending gets back on track around Buffalo

A segment of small business lending is regaining momentum in Western New York as the market absorbs the loss of one of the region's most active
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Should you buy real estate?

Once you make up your mind, you see only data confirming that view. This is called confirmatory bias. So here is a confirmatory bias article that I found
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Turned Down for a Mortgage Due to Bad Credit: What to Do Next?

There are several reasons you could be turned down for a mortgage loan. Mortgage “rejection” can happen when a borrower has too much debt, too
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Grohn Issues Affordable Housing Plan To Correct "Dire" Situation

In order to help the market meet the incredible demand for affordable housing, Larry Grohn will use use every tool at his disposal to ensure that
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Self-Storage Lender Live Oak Bank Donates $250K to Wilmington, NC, Medical Center

Live Oak Bank, which includes a self-storage lending division, recently donated $250,000 to the New Hanover Regional Medical Center (NHRMC)
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Expert: Lots of vulture offers but no mortgage refinancing to secure deals

Vulture funds will offer many more people write-downs in the value of mortgages but few borrowers will benefit because their arrears will prevent them
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Tips for Selling Your Home to a Family Member

If you decide to not use an agent, it's still important to use a title company as a mutual third party. Gartley explains that a title company will prepare your
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Court troubles delay China Oceanwide purchase of Genworth Financial

Genworth Financial can't shut the door on being purchased by one of China's largest companies just yet, as it possibly faces another class action
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Trump signs executive order to overhaul Dodd-Frank

As expected, President Donald Trump signed an executive order on Friday that begins to roll back the Dodd-Frank Wall Street Reform Act, the
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Shutts & Bowen Poaches Real Estate Partner from Jones Day

At Shutts & Bowen he will focus on representing real estate developers, homebuilders and financial institutions that offer financing for large real estate
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How my 2016 real estate predictions did — and the forecast for 2017

One of the dominant real estate stories of 2016, the $10 million and up market in New York City continued to remain oversupplied, with extensive price
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Will caution dominate the housing market in 2017?

Both political and economic uncertainty, coupled with a dip in housing sentiment and property transactions due to Brexit have led to fears that
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N4T: $50000 lost in growing real estate scam – KVOA | KVOA.com | Tucson, Arizona

Hayden says what happened, is that during the closing process someone hacked into either her realtor or title company's computer system and started
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Immigration ban, visa reform will damage RE market: sources

Real estate industry insiders say the ban could have far-reaching consequences for the U.S. real estate market, far beyond simply eliminating
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CFPB orders Prospect Mortgage to pay $3.5 million for improper mortgage referrals | 2017-01-31 …

The Consumer Financial Protection Bureau has ordered Prospect Mortgage, a major mortgage lender, to pay a $3.5 million fine for improper mortgage
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