The 12 hottest housing markets right now

The 12 hottest housing markets right now

And the biggest losers in the price growth race

Does Fannie Mae support appraisers?

Here comes Collateral Underwriter

Higher fees proposed for FHA mortgages

MBA: This is far in excess of what the FHA needs
W S

Lending

Pending home sales reverse course

Slightly drop from last week’s levels
Brena Swanson
Despite pending home sales posting a slight decline, it is still above year-over-year levels for the second month straight, and the rest of the news for homes sales doesn’t look bad either.
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Former Dallas Cowboys QB Troy Aikman lists Dallas home

Paid $4.6 million last year; wants $5.3 million now
Ben Lane
After selling his long-time home in the chic Dallas enclave of Highland Park, former Dallas Cowboys quarterback Troy Aikman purchased two homes last year, one for $4.6 million and another for $4.3 million. Now, Aikman is looking to sell the more expensive of the two homes and he’s looking to make a profit as well.
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Freddie Mac: Rates stay frozen heading into holidays

Rates remain around 4%
Brena Swanson
Mortgage rates once again barely budged from last week’s numbers, with most staying unchanged. Here’s where rates stand heading into Thanksgiving weekend.
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Mortgage apps fall 4.3% despite low mortgage rates

Refinancing share tick up but volume down
Trey Garrison
Mortgage rates are still at long-term lows but despite ticking up last week, mortgage applications remain doggedly down. Here's how it breaks down.
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FirstKey announces expanded single-family rental loan program

Targeting investors seeking loans of up to $5 million
Ben Lane
FirstKey is courting single-family rental investors by offering an expanded financing program. The company expects the program to reach both institutional and entrepreneurial investors seeking loans up to $5 million.
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Second jobs create obstacles for home buyers

Full-time job income plus part-time job income just not enough
Brena Swanson
The government is working to expand the credit box, but it just is not happening fast enough as borrowers with second jobs struggle to qualify for mortgages.
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NYC broker jailed for burglarizing $7.6 million home he sold

Former Corcoran Group broker sentenced to up to nine years in jail
Ben Lane
A Manhattan real estate broker will spend the next three to nine years of his life in jail after he was found guilty of burglarizing a $7.6 million townhouse on the Upper West Side. So how did he choose his target? He was the broker who handled the sale of the house.
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Excessive regulation of mortgage lending drags down bank profit

MBA: Compliance, risk management expense is the new normal
Trey Garrison
Banking revenues were up but there's an elephant in the room called mortgage lending, and around that elephant's neck is an albatross. Guess what its name is.
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Home price gains strongest in months

Capital Economics: House price growth ahead
Trey Garrison
Despite the September slowdown in home price growth, Capital Economics says the future for housing looks better than you think.
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FHFA changes Fannie and Freddie REO sales policy

Eases financial burden to homebuyers
Brena Swanson
The Federal Housing Finance Agency updated one of its policies relating to the sale of real estate owned properties. It’s not really a huge market change, but it is worth a mention.
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