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House Financial Services Committee Passes TRID Fix Bill

November 29th, 2017

Source: ALTA News The U.S. House Financial Services Committee today passed the ALTA-supported TRID Improvement Act of 2017 (H.R. 3978) by an overwhelming 53-5 bipartisan vote. The bill, introduced by U.S. Reps. French Hill and Ruben Kihuen, corrects the inaccurate disclosure of title insurance premiums on the TILA-RESPA Integrated Disclosures (TRID) and help consumers understand…

What does Mulvaney’s appointment mean for the future of CFPB?

November 29th, 2017

Source: USA Today November 28th, 2017 To read the full article from usatoday.com, please click here WASHINGTON — In naming Mick Mulvaney to be the acting head of the federal government’s primary financial services regulator, President Trump is placing a loyalist in charge of what was designed as a semi-independent federal agency.  A federal judge ruled Tuesday that…

Harvard Research: The Future Of Home Prices In 2017 & 2018

November 29th, 2017

Source: The Mortgage Reports To read the full article from themortgagereports.com, please click here What Will Home Prices Do In 2017 And Beyond? Harvard University’s Joint Center for Housing Studies just published its 2017 report on the State of the Nation’s Housing. Its home prices and home building numbers highlight new trends that may affect you. In 2016,…

Average US 30-year mortgage rate slips to 4.17 percent

February 10th, 2017

Source: Washington Post February 9th, 2017 To read the full article from WashingtonPost.com, please click here Washington Post – Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans slipped to an average 4.17 percent from 4.19 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all…

Made home improvements last year? You could get a tax break

February 10th, 2017

Source: USA Today February 9th, 2017 To read the full article from USAToday.com’s website, please click here Please note: The article originally appeared on credit.com USA Today – If you made any home improvements in 2016, you may be eligible for a tax break or two. Certain home improvements – or certain lines of credit that can…

59 Million Think of Buying a Home in 2017

February 10th, 2017

Source: Builder Magazine February 9th, 2017 To read the full article from Builderonline.com’s website, please click here Builder Magazine – A new survey out Thursday from Bankrate reports 59 million American adults (one in four) are considering buying a home this year, of which about 16 million say they are very likely and 20 million say they…

Housing Market Sees Increase In Flips In 2016

January 30th, 2017

Source: Daily Source News January 25th, 2017 To read the full article from DSNews.com’s website, please click here DSNews.com – The continual rise in the prices of homes over the past few years has been accompanied by an increase in the number of homes that are flipped for a profit. Real estate research firm Trulia released data showing the…

Mortgage Applications Increase in Latest MBA Weekly Survey

January 30th, 2017

Source: Mortgage Bankers Association January 25th, 2017 To read the full article from MBA’s website, please click here MBA – Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 20, 2017. This week’s results included an adjustment for…

TRID: One Year Later

October 5th, 2016

Oct. 3, 2015, was a historic day for the mortgage industry. After several false starts, that date was chosen by the Consumer Financial Protection Bureau as the implementation deadline for its Know Before You Owe rule. Read more about it here Source: HousingWire

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