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Reverse mortgages for the win

Posted 22 June 2018 | By | Categories: Boston Condos | No Comments

Before you tell me that reverse mortgages may be the most boring and least sexy topic you’ve ever heard, let me tell you this: You’re right. BUT, turning your equity into cash and using it to maintain your lifestyle in retirement is, actually, kind of sexy. Right? https://www.housingwire.com/blogs/1-rewired/post/43738-reverse-mortgages-for-the-winRead More

Flat-fee real estate company Home Bay expands to Arizona and Virginia

Posted 22 June 2018 | By | Categories: Boston Condos | No Comments

Home Bay, a growing flat-fee real estate company, is set to grow again. Home Bay, which started in California, now offers real estate services for a flat fee in Florida, Georgia, Illinois, Texas, Colorado, California, and now Arizona and Virginia as well. https://www.housingwire.com/articles/43736-flat-fee-real-estate-company-home-bay-expands-to-arizona-and-virginiaRead More

Faith in multifamily still strong despite month-over-month drop in permits

Posted 22 June 2018 | By | Categories: Boston Condos | No Comments

According to U.S. Census and HUD data, multifamily permits dropped 8.7% from April to May, and though that may sound like a significant drop, experts say the multifamily train is still rolling and that the nation is on track to complete 350,000 plus units by year’s end. And that’s a good thing. https://www.housingwire.com/articles/43737-faith-in-multifamily-still-strong-despite-month-over-month-drop-in-permitsRead More

NAMB calls for full support of the Mortgage Fairness Act of 2017

Posted 22 June 2018 | By | Categories: Boston Condos | No Comments

The National Association of Mortgage Brokers wants you!…To support H.R. 2570, aka the Mortgage Fairness Act of 2017, which amend the Truth in Lending Act by revising key definitions. NAMB is mobilizing its member base and drumming up public support for this bill. https://www.housingwire.com/articles/43739-namb-calls-for-full-support-of-the-mortgage-fairness-act-of-2017Read More

Efficient collateral valuation: Keys to lending success

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

While 2018 will be a tougher year for lenders, originators can still generate solid revenue and profit for their institutions with effective marketing and loan fulfillment programs. Better than that, by focusing their efforts on the right products, they will also have the opportunity to build stronger relationships with existing bank customers and credit union members, positioning themselves for additional business when volume increases in the future. Here are the three keys to succeed in this business. https://www.housingwire.com/blogs/1-rewired/post/43715-efficient-collateral-valuation-keys-to-lending-successRead More

Housing construction modestly grows despite rising costs

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Although construction slightly increased in May, construction prices prove to be a deterrence to growth, according to the latest report from the U.S. Census Bureau. One expert states that more jobs could possibly lead to an increase in production, however, builders are still worried about the increase in construction prices. https://www.housingwire.com/articles/43716-housing-construction-modestly-grows-despite-rising-costsRead More

First American: Lenders shouldn’t worry about rising interest rates

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Interest rates are going up and will likely to continue rising for the foreseeable future, but lenders shouldn’t worry, according to First American Chief Economist Mark Fleming. Fleming explained that these rising rates will do very little to curb rising housing demand. Here’s why. https://www.housingwire.com/articles/43717-first-american-lenders-shouldnt-worry-about-rising-interest-ratesRead More

Federal court: Wells Fargo must face Oakland’s mortgage discrimination lawsuit

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Wells Fargo must face a lawsuit brought against the bank by the city of Oakland, California, which sued the bank in 2015 for allegedly steering minority borrowers into higher-cost loans, thereby causing rampant foreclosures and neighborhood blight. https://www.housingwire.com/articles/43718-federal-court-wells-fargo-must-face-oaklands-mortgage-discrimination-lawsuitRead More

Waterstone Mortgage appoints A.W. Pickel as president

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Waterstone Mortgage announces the appointment of A.W. Pickel as company president, specializing in the management of day-to-day operations and administrative duties. Pickel’s appointment comes off the heels of significant company growth. https://www.housingwire.com/articles/43721-waterstone-mortgage-corporation-appoints-aw-pickel-as-presidentRead More

A new multifamily consultation firm enters the ring in New York

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

A new multifamily real estate company launched in New York today. Bloomstone Group, a full-service real estate advisory firm, will offer its services in consulting, development, marketing, sales and leasing for multifamily residential projects and condominium properties. https://www.housingwire.com/articles/43722-a-new-multifamily-consultation-firm-enters-the-ring-in-new-yorkRead More

New York man admits to rigging local elections in effort to develop real estate

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Last year, two New York real estate developers, Kenneth Nakdimen and Shalom Lamm, pleaded guilty to interfering with a mayoral election in Bloomingburg, New York, including using fake voters, to try to advance stalled construction projects. Now, a third member of the conspiracy has also admitted to taking part in the scheme. https://www.housingwire.com/articles/43724-new-york-man-admits-to-rigging-local-elections-in-effort-to-develop-real-estateRead More

Trump makes health care more affordable for small businesses

Posted 21 June 2018 | By | Categories: Boston Condos | No Comments

Tuesday, the Department of Labor announced a new rule that experts in the housing industry say will make health care more affordable for small businesses. The department announced a new rule that will change the definition of employer to include working owners for Association Health Plans. https://www.housingwire.com/articles/43725-trump-makes-health-care-more-affordable-for-small-businessesRead More

Come for a complimen

Posted 21 June 2018 | By | Categories: Skin Care | No Comments

Come for a complimentary consultation #silkpeel #thermage #exilis #stretchmarks – facebook.com/rlwonderland

Come for a complimen

Posted 21 June 2018 | By | Categories: Skin Care | No Comments

Come for a complimentary consultation #silkpeel #thermage #exilis #stretchmarks

San Diego Homeowners Association wins $2.9M construction defect lawsuit

Posted 20 June 2018 | By | Categories: Boston Condos | No Comments

The San Diego Homeowners Association was awarded $2.975 million in damages from a construction defect suit. The Naumann Law Firm filed the lawsuit in the San Diego County Superior Court on behalf of the homeowners association against the unnamed developer of a 230-unit condominium built between 2004 to 2005. https://www.housingwire.com/articles/43710-san-diego-homeowners-association-wins-2975-million-construction-defect-lawsuitRead More

FHLBank Pittsburgh, Pennsylvania Housing Finance Agency partner to deliver funding to fight homelessness

Posted 20 June 2018 | By | Categories: Boston Condos | No Comments

Federal Home Loan Bank Pittsburgh and the Pennsylvania Housing Finance Agency are partnering to create fund programs that help fight homelessness and assist people at risk of losing their housing. Home4Good, a housing entity aimed at ending homelessness in the state of Pennsylvania, just got $4.5 million from FHLBank Pittsburgh and the Pennsylvania Housing Finance Agency to fund its launch. https://www.housingwire.com/articles/43711-fhlbank-pittsburgh-pennsylvania-housing-finance-agency-partner-to-deliver-funding-to-fight-homelessnessRead More

CoreLogic announces partnership with Elm Street Technology

Posted 20 June 2018 | By | Categories: Boston Condos | No Comments

CoreLogic announces a partnership with Elm Street Technology to offer the Elevate Broker Operating System and Services platform to real estate brokers. Under the agreement, the company will serve as an authorized reseller, offering Elevate through the Clareity DASH! platform to current broker clients, according to CoreLogic. https://www.housingwire.com/articles/43712-corelogic-announces-partnership-with-elm-street-technologyRead More

Is Kathy Kraninger the CFPB’s next great director?

Posted 20 June 2018 | By | Categories: Boston Condos | No Comments

After hearing the news that President Donald Trump intends to nominate Office of Budget and Management Deputy Kathy Kraninger as the next director of the CFPB, several experts began to roll out the welcome mat or criticize the administration’s choice. Is she the next great director for the agency, or just a ploy to keep Mulvaney at the helm? https://www.housingwire.com/articles/43713-is-kathy-kraninger-the-cfpbs-next-great-directorRead More

Monday Morning Cup of Coffee: Trump to nominate Kathy Kraninger to lead CFPB

Posted 19 June 2018 | By | Categories: Boston Condos | No Comments

On Saturday, the White House confirmed that President Donald Trump will nominate Office of Management and Budget official Kathy Kraningen to lead the Consumer Financial Protection Agency. Plus, Zillow and Trulia are hit with a patent infringement lawsuit and megabanks are set to pay out more than $170 billion to shareholders. https://www.housingwire.com/blogs/1-rewired/post/43703-monday-morning-cup-of-coffee-trump-to-nominate-kathy-kraninger-to-lead-cfpbRead More

HousingJobs blog: Affordable housing crisis affects the job market

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this weekly blog for the latest job postings along with some advice from employers, industry tips and more!  https://www.housingwire.com/blogs/1-rewired/post/43693-housingjobs-blog-affordable-housing-crisis-affects-the-job-marketRead More

What We’re Reading: June 11-15

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

Perfect gift for Father’s Day, Route 66 Attractions, MPR Raccoon, Value of Your Home, World Cup 2018, Poison Ivy, Vitamin D, Pele’s Hair, Cybersecurity mistake, . Still looking for that perfect gift for Father’s Day? Is Father’s Day still a big deal in your family? Route 66 attractions – stores and restaurants you should plan to visit on your trip. MPR Raccoon is safe and has been captured on the roof! Are you destroying the value of your home? Who are you rooting for in the World Cup? You can find all of the schedules here.           cygnus921/flickr/2008 Don’t let poison ivy spoil your summer! Try using this new App to get your fill of Vitamin D. Strange as it may seem, tendrils of ribbonlike glass are wafting through the air over the Big Island of Hawaii. Cybersecurity mistake meant Macs could have hosted nasty files. http://feedproxy.google.com/~r/InfocentralBlog/~3/aH4d8tP5c0k/Read More

MBA: Delinquencies remain at rock bottom for commercial/multifamily loans

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

Delinquency rates for commercial and multifamily mortgage loans remain about as low as they can get, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report. Five of the major investor types have delinquency rates hovering near 0%. https://www.housingwire.com/articles/43686-mba-delinquencies-remain-at-rock-bottom-for-commercialmultifamily-loansRead More

Expert: Fed will cut interest rates in 2020

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

Most experts are expecting a total of four rate hikes in 2018, followed by two or three more in 2019. In 2020, however, that could all change. One expert predicted that not only could the economy slow, but the Fed will even cut interest rates in 2020. https://www.housingwire.com/articles/43692-expert-fed-will-cut-interest-rates-in-2020Read More

VA implements new policy to protect homeowners from predatory lending

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

The U.S. Department of Veterans Affairs announced Friday it is implementing a new policy that will help protect lenders from predatory lending practices. The VA explained the act will protect veterans and service members from the dangers associated with loan churning. https://www.housingwire.com/articles/43696-va-implements-new-policy-to-protect-homeowners-from-predatory-lendingRead More

The amount of money in our paychecks is slowly increasing

Posted 17 June 2018 | By | Categories: Boston Condos | No Comments

Although unemployment is near a historic low, wage growth continues to threaten U.S. economic recovery. The national decrease of unemployment means employers have more pockets to fill, but healthcare, insurance, retirement, paid leave and other benefits make employees too expensive, according to an article by Lydia DePillis for CNN. https://www.housingwire.com/articles/43697-the-amount-of-money-in-our-paychecks-is-slowly-increasingRead More