FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'Dallas'


Economist: Texas is not in a housing bubble

2016 and 2017 could be a game changer
A recent market report shows that home prices in five Texas markets are well above their historical peak levels, which sounds like bad news for the state's housing market. Is the Lone Star state entering a bubble? According to one Texas economist, there is more to the story than just those numbers.
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Here’s how the top three housing markets are ending summer

Inventory, affordability block growth
According to real estate agents, an insufficient supply of affordable inventory in desirable locations is blocking the housing market from growing, which comes on top of August being a seasonally slow month. Here’s how it is impacting the top three housing markets.
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International buyers pump $8.32B into Texas housing

Naturalized U.S. citizens want Texas houses
Texas home sales purchased by international homebuyers added $8.32 billion to the state’s economy between April 2014 and March 2015. What’s noteworthy is that the demographic pull of buyers is starting to veer away from the usual trends.
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Former Dallas Cowboy out of prison after serving 3 years for mortgage fraud

Eugene Lockhart jailed for taking part in $20 million fraud scheme
A former Dallas Cowboys player is out of federal prison after serving three years for taking part in a $20 million mortgage fraud scheme, which involved at least 10 other people who were also convicted. The scheme saw the group recruit straw buyers who falsified their income documents to obtain loans for inflated prices.
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Scavengers raid foreclosed home

Bank tosses deceased owner’s belongings on front lawn
A Dallas neighborhood is up in arms after the contents of a foreclosed home were dumped onto the home’s front lawn, drawing a crowd of people who rummaged through the items in search of valuables.
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