Articles
Lingering Affects of the Government Shutdown
Many involved in the real estate industry have no doubt been paying a lot of attention to the government shutdown and how it is affecting the mortgage business. In a recent article by Diana Olick of CNBC, she says that as negotiations to…
More Information on How the Government Shutdown may Affect You
On the heels of last week’s government shutdown, James R. Hood, Consumer Affairs founder and editor asks the question, “Does it really matter if the feds stay home?” The first week , the shutdown of the federal government, according to Hood, wasn’t…
New Rules in FHA Short Sales
In a recent story from Inman News, there are new rules that took effect on October 1, 2013 that will now prohibit brokers and agents from representing both buyers and sellers in Federal Housing Administration (FHA) short sales. In July, the Department…
How will Governement Shutdown Affect the Mortgage Industry?
The possibility of a government shutdown as of October 1, 2013 could definitely have ramifications in the mortgage industry. Terry Clemans, executive director of the National Consumer Reporting Association (NCRA) was recently quoted as saying, “With such a huge amount of mortgage…
Finding a Home Using the New Schools Search Tool
When purchasing a home, one of the most important factors a family with children considers is the quality of the elementary, middle, or high school the kids will be attending. According to a recent article in National Mortgage Professional Magazine, Zillow Inc….
Housing Recovery and Rising Mortgage Rates
Many potential homebuyers and many people in the mortgage industry are wondering how the rising mortgage rates will affect the housing recovery. In a recent article by Dakin Campbell, he suggests that there isn’t a need to worry. Chief Financial Officer Tom Sloan of…