Freddie Mac today announced its re-entry into the Low-Income Housing Tax Credit (LIHTC) market as part of the newly launched Duty To Serve program, an initiative geared toward addressing persistent affordable housing problems by preventing foreclosures, responsibly expanding credit, educating future borrowers, counseling current borrowers and supporting affordable rental housing. Freddie Mac’s first investment is […]
Financial markets do react to changes in financial public policy. That’s a valid axiom. So, if markets do not move when new public policy arrives, does that mean that markets no longer care? Or that the particular new policy does not matter? Strip away other things that markets are not reacting to: the economy is […]
When Stacie Perrault Staub left her job as director of marketing at her old agency, she made the quick (and brilliant) decision to start her own brokerage. Motivated and determined to change the Denver real estate scene, Staub hit the ground running and created a successful brokerage and brand in 9 short months. The key […]
A tax reform bill that would lower the mortgage interest deduction from $1 million to $500,000, eliminate deductions on moving expenses and severely reduce those on state and local property taxes passed with relative ease in the House of Representatives Thursday afternoon. Republicans voted in favor of the “Tax Cuts and Jobs Act” 227-205, with […]
Amazon Key, a new service unveiled in October that allows couriers for the e-commerce giant to unlock doors to drop off packages, could be manipulated by would-be burglars or those same delivery people, through a flaw exposed by security researchers, according to a report. Rhino Security Labs, a Seattle-based penetration testing company, discovered that the […]
Winter will soon be upon us, yet I know the only snow I’ll see here in Houston will be settled at the bottom of a globe on my mantel. And I kind of like it that way. According to Randall Munroe, creator of webcomic website xkcd, I’m in the right place: Houston is the perfect […]
As the name suggests, our Inman Connect conference isn’t just about great speakers, sessions and learning. It’s about building relationships, meeting new friends, and making those in-person connections to help you grow your business. With Inman Connect New York right around the corner in January, it’s never too early to start planning who you’d like […]
Notarize, a digital platform for legally notarizing documents online, has had a transformative year: the company was selected to join The National Association of Realtors’ REach Accelerator program, launched Notarize Mortgage API (for fully automated closings) and garnered strategic financing from NAR investment firm Second Century Ventures. Now, Notarize is expanding the Notarize Mortgage Platform […]
SAN FRANCISCO — A market that’s sustained home price growth over a long period of time is no longer at its peak but rather at a “table-top” peak. That’s the state of housing in the San Francisco Bay Area as described at Pacific Union International’s Real Estate Economic Forecast for 2020 Wednesday night with John Burns […]
We’ll add more market news briefs throughout the day. Check back to read the latest. Most recent market news Thursday, November 16 Attom Data Solutions: Seriously underwater U.S. properties decrease by 1.4 million from a year ago in Q3 2017 There were 4.6 million (4,628,408) U.S. properties that were seriously underwater at the end of […]
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