Category Archives: 2018

The New, All-In-One Co-Living Space | A New Home for Millennials

As housing and rent prices rise and construction staggers, developers are partnering with startups like Ollie, Common and WeLive to address the housing crunch in major cities. They cater to millennials, offering co-living situations to single, young, mobile professionals. “We’ve been driven by a desire to help build meaningful relationships and bring a little more Read More

Rising Rate Environment | Mortgage Rates Hit Seven-Year High

Mortgage rates hit their highest level in seven years — since the week of April 14, 2011 — according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage jumped 19 basis points to 4.90 percent. “Mortgage rates are drifting upward again and represent continued affordability challenges for prospective buyers –especially first-time buyers,” Read More

Home Equity Reaches New Heights | An AMC Nationwide Appraisal

Total home equity just passed $6 trillion for the United States’ 44 million homeowners, and the average homeowner gained $16,000 in home equity in one year alone. US homeowners possess 21% more equity than in 2006, before the housing bubble popped, and three times more than in 2012, when the market bottomed out. However, homeowners Read More

HECM Valuation Rule | Appraisal Management Companies Weigh In

The Federal Housing Administration enacted a mandate effective October 1 requiring a second appraisal on every HECM loan that their system flags as having an inflated property valuation. Various appraisal management companies discussed what effects the new rule will have on HECM loan processes. Here’s what loan officers need to know. Turn-times on HECM loans Read More

Trump Shakes Up the Mortgage Industry
The Regulator, September 2018 | Read More »

Sign up to receive the latest industry news and updates.