In an initiative aimed at expanding cost-effective mortgage availability for prospective homebuyers in the United States, Fannie Mae declared in December that it would substitute title with attorney-opinion letters (AOLs).
As an investor, a myriad of opportunities exist for investing your funds. Investing in trust deeds emerges as an innovative approach to diversify your financial portfolio.
The rising trend of house flipping permeates the nation, triggering a contentious discussion among investors about the moral implications of this practice. Here, we delve into the contrasting viewpoints surrounding the ethics of house flipping. Please note that the summary does not quote or reference any specific sources such as Realtor.com.
This week, a management alert was released by the Office of the Inspector General within the U.S. Department of Housing and Urban Development (HUD). The OIG highlighted the department’s ongoing issue of recognizing “improper payments” linked to its programs, a problem it has faced for an uninterrupted span of 11 years. The Inspector General’s Office is urging HUD’s leaders to confront this persistent difficulty with identification.
Despite the promising prospects for 2024, there remains a necessity for lenders to adopt audacious strategies in order to curb production deficits.
In December, there was an 8.3% increase in home sales that had been agreed upon but not yet finalized.
Nathaniel Whaley, a home seller from Nevada, expanded his commission lawsuit on Thursday by incorporating an additional 15 brokerages in his updated complaint.
Since the end of 2017, the National Flood Insurance Program (NFIP) has undergone 28 iterations of reauthorization. A section of senators, however, have voiced concerns about the escalating costs of premiums, contending that they have reached levels that are unaffordable for many.
The sector of new home sales creates job opportunities for those in the construction industry and fuels the buying of goods and services essential for establishing these residences.
A&D Mortgage, a wholesale lender specializing in non-qualified mortgages (non-QM), has recently procured licenses to initiate loan operations in the states of Arkansas and Mississippi.
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