Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.
Pending home sales fell steadily from May to December last year, closely mirroring the trajectory of the same indicator months before the 2007 home price crash, analysts Chris Flanagan and Justin Borst with Bank of America-Merrill Lynch claim in a new report.
A coalition of bipartisan lawmakers gained ground in their attempt to roll back changes to the Biggert-Waters Flood Insurance Reform Act this week. But resistance to the idea continues among advocates who fear sugary-sweet insurance deals are keeping risk-based pricing out of the flood insurance market.
The Consumer Financial Protection Bureau says between July and October 2013, consumers who complained to the CFPB ended up receiving $2.6 million in payments from financial firms accused of engaging in poor servicing practices.
The Office of the Comptroller of the Currency points out in its 19th Annual Survey of Credit Underwriting that OCC bank examiners studying banks noted an easing of underwriting standards in recent months.
Every time you turn around, there is another analyst report suggesting the sun is either shining on or about to shine on multifamily properties. A new report from Freddie about its own multifamily business may just prove this point.
A New York state couple faces years in prison for operating a multimillion-dollar mortgage fraud scheme in which the defendants recruited straw buyers to purchase a string of properties using fraudulent loan documents.
The first thing you notice about New American Funding's Rick and Patty Arvielo is how much they like each other. That might seem like a foregone conclusion when you meet a married couple, but when that couple also runs an incredibly successful business together, I imagine it could get complicated. Read on to find out more about how this successful couple manages their life, and business, together.
For the first time since 1981, our industry is experiencing a rising interest rate environment. Some people may assume that the current market shift means their business will take a downward turn from which they will never recover. I don’t buy it. The way I see it, challenging times force us to refine our processes and practices.