Monthly Archives: August 2018

Why Las Vegas Luxury Real Estate Is The Next Big Market Boom

The Current Las Vegas Real Estate Market Realtor.com hailed the city as the No. 1 real estate market in the country this year, a feat that the city failed to achieve before. The year 2018 already showed strong numbers that make this … Continue reading

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Mortgage Rates Drop, Home Prices Rise

Mortgage rates were on the decline for the third consecutive week, according to new data from Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 4.51 percent for the week ending Aug. 23, down from last week when it averaged 4.53 percent. The 15-year … Continue reading

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Treasury Weighs in With Mortgage Industry Recommendations

The Treasury Department has recommended some sweeping changes for consumer financial services including some directly impacting the mortgage industry. A new report recognizes the growing importance of non-depository institutions in the mortgage system, attributing it in part to various factors that have raised … Continue reading

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How Much House Can Your Afford?

What is a Conventional Mortgage Loan? A conventional loan is any loan not insured or guaranteed by a government agency such as (FHA) Federal Housing Administration, (VA) Department of Veterans Affairs and (FmHA) Farmers Home Administration. Convention Loans are secured … Continue reading

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Subservicing, Non-QM Products; Agencies Active in Capital Markets

Aug 13 2018, 8:37AM Don’t think that correct mortgage documentation is important? Think again, or ask Citigroup. The Federal Reserve said Friday it had fined Citigroup $8.6 million over poor quality mortgage documentation practices at its CitiFinancial subsidiary in 2015. … Continue reading

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