Appeals Court overturns Bank of America’s $1.27 billion fine in ‘Hustle’ case

BofA handed victory in row over Countrywide mortgages May 23, 2016 Ben Lane 1 Comment KEYWORDS Bank of America Bank of America mortgage Countrywide Countrywide Home Loans Department of Justice DOJ Hustle Hustle case The United States Court of Appeals for the Second Circuit handed Bank of America a massive victory, and dealt the Department … More Appeals Court overturns Bank of America’s $1.27 billion fine in ‘Hustle’ case

Existing home sales manage to increase two months straight

Overcomes low inventory, rising home prices May 20, 2016 Brena Swanson 0 Comments KEYWORDS Existing home sales home sales housing inventory NAR National Association of Realtors Spring homebuying season Existing home sales managed to once again overcome today’s low-inventory environment and move higher for the second consecutive month, according to the National Association of Realtors‘ … More Existing home sales manage to increase two months straight

Freddie Mac: 30-year mortgage rate about to start rising?

Still at yearly lows…for now May 19, 2016 Brena Swanson 0 Comments KEYWORDS Fed FOMC Freddie Mac Interest rates mortgage rates Primary Mortgage Market Survey what are today’s mortgage rates? While mortgage rates remain at the lowest level this year, that could start to change, as the timing looms closer for when the Federal Reserve … More Freddie Mac: 30-year mortgage rate about to start rising?

5 Common (but Terrible) Reasons for Overpricing Your Home

By Craig Donofrio 6:30 am ET May 17, 2016 Photobuay/iStock We know, we know—you love your house. The kitchen is the perfect size, your weekly summer barbecues give your neighbors patio envy, and your ’70s-style conversation pit is totally coming back into vogue—as you knew it would. You’ve seen the comps for your neighborhood, but … More 5 Common (but Terrible) Reasons for Overpricing Your Home

TRID works: More homebuyers actually review mortgage documents

TRID works: More homebuyers actually review mortgage documents ALTA survey shows new CFPB forms more likely to draw consumer attention May 16, 2016 Ben Lane 1 Comment KEYWORDS CFPB Consumer Financial Protection Bureau Know Before Your Owe TILA-RESPA TILA-RESPA Integrated Disclosure TILA-RESPA Integrated Disclosure Forms TRID TRID concerns TRID implementation It’s undeniable that the implementation of the Consumer … More TRID works: More homebuyers actually review mortgage documents

How to beat out other homebuyers when there is no inventory

Here’s how to stand out May 12, 2016 Brena Swanson 2 Comments KEYWORDS Home Price Homebuyer tips How to beat out other homebuyers Inventory Orlando Regional Realtor Association Spring homebuying season It’s an extremely tough market out there for potential homebuyers right now. The hand dealt to you contains very little inventory, outrageous home prices … More How to beat out other homebuyers when there is no inventory