Of the states with at least a thousand new home closings last year, only five registered more closed deals than they did in 2009, according to new research from Housing Intelligence.
There are many reasons to renovate your home. Here are a few ways to finance the project.
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Rep. Darrell Issa, R-Calif., and other Republican lawmakers Friday introduced legislation to end the Home Affordable Modification Program.
The Department of Housing and Urban Development on Friday officially suspended its anti-flipping rule for the rest of this year to facilitate the financing and sale of newly renovated foreclosed properties.
Now that the President’s first pick to be the new GSE regulator has bowed out due to Republican opposition, the White House will likely appoint an administration official who has already been confirmed by the Senate to run the agency.
The Federal Reserve Wednesday afternoon issued long awaited written guidance to help small businesses – including loan brokers – comply with its loan officer compensation rule that goes into effect April 1.
Tight credit conditions, higher mortgage rates, and a big drop in refinancings will push residential originations below $1 trillion this year to levels not seen since 2000, according to economists at the Mortgage Bankers Association.
