
Reliance on property management will rise in 2015
With vacancy rates plummeting in 2014, property management will drive industry growth next year.
With vacancy rates plummeting in 2014, property management will drive industry growth next year.
The FHFA has narrowed the number of cases where banks could be forced to repurchase a loan.
Agency director Mel Watt said that there are still sufficient measure in place to prevent a new housing crisis.
While the overall mortgage market is down, VA loans are on the rise.
For lenders, loan software is more affordable than implementing their own supervision methods or facing the potential fines.
It costs lenders more to make a loan because of stricter reporting rules, and some of the cost is being passed on to borrowers.
The FHFA has eased mortgage lending regulations, but analysts don’t expect a repeat of the subprime crisis.
The FDIC, FHFA and OCC have approved a new set of rules to loosen the mortgage market without compromising its integrity.
The two GSEsĀ and the FHFA are near an agreement with banks to reduce lender accountability in case of mortgage default.
HELOCsĀ are at their highest rate in five years as banks seek to reward existing customers with good credit histories.