Goldman Sachs CEO David Solomon on US economic outlook: `We’re in for a very bumpy ride’

While there has been an uptick in economic activity since the early weeks of the pandemic, a continuing surge in cases has forced several states to halt or reverse their reopening plans…(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The […]

Continue Reading

Homeowners Feel Ready to Sell

77 percent of Americans think that now is a good time to sell a home, a new record high. www.nar.realtor – Real Estate Story Ideas

Continue Reading

The Downside of Ultra Low Rates; Builder Confidence Fully Recovered?

The Downside of Ultra Low Rates Actions and reactions are as true in the bond market as in the natural world. The equal and opposite reaction to a sub 3% 30yr fixed rate is a spike in the supply of new MBS. From there, supply/demand 101 says we should see downward pressure on prices. That’s […]

Continue Reading

Fewer Forbearances; More Homebuilding; Higher Ficos; Lowest Rates

There was another decline in forbearance starts this past week and the number of loans in active plans also fell for the third straight week. Black Knight’s weekly report on COVID-19 related forbearances reported a total of 4.12 million loans that have been granted forbearance, allowing borrowers to omit or reduce mortgage payments due to […]

Continue Reading

House Committee Looks at Mortgage Servicer Response to Pandemic

Posted To: MND NewsWire The House Financial Service Committee’s Subcommittee on Oversight and Investigations held a hearing on Thursday entitled, “Protecting Homeowners During the Pandemic: Oversight of Mortgage Servicers’ Implementation of the CARES Act.” Scheduled witnesses were Alys Cohen, staff attorney, National Consumer Law Center; Marcia Griffin, Founder and President, HomeFree-USA; Donnell Williams, President, National […]

Continue Reading

NAR Calls on Housing & Urban Development to Withdraw Disparate Impact Rule

NAR cites broad national consensus to advance efforts to eradicate racial discrimination while arguing HUD’s revisions place too heavy a burden on the ability of parties to bring legitimate initial disparate impact claims. www.nar.realtor – Fair Housing

Continue Reading

Center for REALTOR® Development podcast: Resort and Second-Home Properties

Holly Mabery talks about her own experience working with investment and second home clients in Sedona, AZ. She shares ideas for marketing, building connections with buyers, and highlighting what’s so special about your community. www.nar.realtor – Vacation, Resort, and Second Homes

Continue Reading