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  • Bright MLS, Homesnap create multi-listing platform

    2019-08-30T22:23:38+00:00Loans, Mortgage Lenders|

    Multiple listing service Bright MLS and home search portal Homesnap announced the launch of a multichannel digital marketing product for members of Bright MLS. Agents who use the product are able to create advertising campaigns simultaneously for Google, Facebook, Waze, and Instagram from within the listings themselves.

    After June’s 2-year hike in VA mortgage fees, Congress is ready to do it again

    2019-08-30T21:18:48+00:00Loans, Mortgage Lenders|

    Most Americans would agree Congress seems to be gridlocked. But, there’s at least one exception to the impasse: Hiking fees for VA mortgages. Two months ago, Congress approved a two-year hike in funding fees for VA home loans to fund care for disabled veterans. Now, another bill is pending that would extend it by six years.

    Fannie Mae, Freddie Mac offering financial assistance to those in Hurricane Dorian’s path

    2019-08-30T21:18:48+00:00Loans, Mortgage Lenders|

    Hurricane Dorian is forecasted to slam the Florida coast this weekend as a Category 4 hurricane. As Florida prepares for Hurricane Dorian's wrath, Freddie Mac, Fannie Mae and Department of Housing and Urban Development are offering relief services for those affected.

    Redfin: This is why home prices are rising faster in car-dependent housing markets

    2019-08-30T21:18:47+00:00Loans, Mortgage Lenders|

    For many Americans, the causal stroll around the neighborhood is an important part of day-to-day life. But as homebuyers continue to grapple with rising home prices, a new report from Redfin suggests that many are now prioritizing affordability over walkability. According to the company’s data, home-sale prices in car-dependent housing markets across the country increased 4.3% year over year to a median of $312,100 in July.

    More than half of Baby Boomers say they want to stay in their houses after they retire

    2019-08-30T01:13:38+00:00Loans, Mortgage Lenders|

    Even as Millennials enter the homebuying market, many Baby Boomers indicate they plan to stay in their homes throughout their retirements, according to a new study from PropertyShark. The study showed that more than half of Baby Boomers (56% to be exact) said they want to age in place and stay in the home they're in now.

    Mortgage Tech Rundown: Angel Oak Mortgage Solutions, IndiSoft, and SimpleNexus

    2019-08-30T01:13:37+00:00Loans, Mortgage Lenders|

    Mortgage Tech Rundown looks at the latest news in mortgage technology, featuring new product updates, integrations and announcements. Today we take a look at the latest fintech news from Angel Oak Mortgage Solutions, IndiSoft, and SimpleNexus.

    Beverly Hills real estate agent facing 30 years behind bars for the burglary of several celebrity homes

    2019-08-30T01:13:36+00:00Loans, Mortgage Lenders|

    A Beverly Hills real estate agent and his accomplice have been charged for the alleged burglaries of more than a dozen celebrity homes dating back to 2016. According to the Los Angeles County district attorney's office, from December 2016 through August 2018, real estate agent Jason Emil Yaselli and Benjamin Eitan Ackerman stole luxury items from 14 homes, including musicians Usher Raymond and Adam Lambert, as well as "The Real Housewives of Beverly Hills" stars Paul and Dorit Kemsley.

    Chicago apartment supply hits 20-year high

    2019-08-30T01:13:36+00:00Loans, Mortgage Lenders|

    While apartment construction in Chicago has had its peaks and valleys, including falling to creating just 2,200 units annually between 2010 and 2012, Chicago’s annual apartment supply hit its highest level in 20 years during the second quarter of this year, according to new data from RealPage.

    Real estate startup ZeroDown secures $100 million to buy San Francisco homes for its customers

    2019-08-30T01:13:35+00:00Loans, Mortgage Lenders|

    Real estate startup ZeroDown, which launched earlier this year, boasts a unique business model. Aiming to help more people become homeowners in the pricey San Francisco Bay Area, the company removes several of the largest hurdles from the homebuying process, namely the down payment and mortgage, and buys homes for its customers outright. When the company launched in June, it had $30 million in its coffers, and now, the company is ready to expand after securing $100 million in debt financing from Credit Suisse.

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