The Ticker

HELOCs increase for 17th consecutive quarter

Total home loan originations still decrease
Home equity lines of credit applications increased once again in the second quarter. The rising home prices are giving more equity to homeowners who are now looking at using it. The good news is more homeowners are using their HELOCs as a means of home improvement.
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Realtors: Here's how to pass the new FAA drone test

Next-level real estate sales
Good news: At the end of June, the Federal Aviation Administration finalized the rules on drone usage for real estate agents. Bad news: Now you have to take a test. But, you don't have to go into the 60-question multiple-choice test completely blind, there are tips and tricks to ace it.
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FHFA: Mortgage interest rates continued falling in July

Multiple indices show drop in interest rates
As readers of HousingWire well know, mortgage interest rates trended lower over the last few months, especially in the wake of the United Kingdom’s vote to leave the European Union. A new report from the Federal Housing Finance Agency provides more evidence of the decline in mortgage interest rates, as several indices reviewed by the FHFA show that mortgage rates fell in July.
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All eyes on real estate in S&P stock launch

Real estate sector now accounts for 3.5% of global equities market
After 17 years of getting tossed into the mix with banks and insurance firms, real estate stocks are getting their own sector to call home on Sept. 1, 2016. The big reason behind this change? Real estate companies are now a much big player in the stock market, and now the whole market gets to see how.
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Mid America Mortgage to correspondent lenders: We'll buy your eNotes

Recent survey showed dearth of willing investors in digital mortgages
A recent survey conducted by Fannie Mae and Freddie Mac showed that one of the obstacles preventing the mortgage industry from going fully digital is a lack of investors willing to buy digitally created mortgages. But now, there’s one more investor willing to buy a digital mortgage note.
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Hillary Clinton reportedly adds former CFPB assistant director Rohit Chopra to transition team

Politico: Outspoken critic of student loan debt issue set to join Clinton's team
Hillary Clinton, the former Secretary of State and current Democratic nominee for president, is adding one of Sen. Elizabeth Warren’s close allies and a former executive at the Consumer Financial Protection Bureau to her transition team as she prepares for the coming election.
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