Proposals to help address California’s housing crisis—such as allowing more housing closer to busy transit hubs—are sometimes met with refrains of “not in my backyard!” However, Los Angeles aims to combat the housing shortages by looking exactly there—in residents’ backyards. ...
Read More »Is Housing Ready for a Rebound?
According to the latest LegalShield Law Index, the housing market may be poised for a significant rebound, but factors such as the recent trade tariffs imposed by President Trump could complicate things. Released monthly, the LegalShield Law Index tracks factors ...
Read More »How Did Refis Impact the 2008 Financial Crisis?
While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute suggests that the poor performance of cash-out refinances, and refinances in ...
Read More »Carrington Launches ‘Non-Prime’ Lending Program
Carrington Mortgage Services, based in Plano, Texas, has expanded its residential mortgage offerings to make access to home loans a greater possibility for the roughly 100 million U.S. consumers who have less than perfect credit. The introduction of its proprietary, ...
Read More »Single-Family Rental: Opportunities and Growth
Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...
Read More »HFG, Pavaso Deliver Successful Digital Closing in Arizona
Homeowners Financial Group (HFG) is one of the first Arizona-based mortgage lenders to complete an eClosing with Pavaso, a leading eClosing technology provider. “Pavaso was tasked with supporting HFG’s National Builder Division by making the entire homebuying experience easier and ...
Read More »Chase Expands Reward Points for New Mortgages
The New York-based Chase has launched an offer for select Chase cardmembers to earn between 25,000 and 75,000 Ultimate Rewards points or MileagePlus miles when purchasing a home with Chase. Following an enthusiastic response from Sapphire customers last year, eligible ...
Read More »The Week Ahead: Examining the State of the Housing Market
On Tuesday, April 10, at 1 p.m. EST, Carrington Mortgage Holdings, LLC, will present a new webinar about "The State of the U.S. Housing Market." Rick Sharga, EVP, Carrington Mortgage Holdings, will host the webinar. During the hour-long presentation, Sharga will ...
Read More »The Debt Dilemma
Editor's note: This story was originally featured in the March issue of DSNews, out now. In February 2017, the financial media sounded the alarm that total U.S. consumer debt was at $12.6 trillion, just a hair short of the $12.7 trillion peak ...
Read More »Major Metros Still Exhibiting Pockets of Affordability
With home prices rising in most major metros across the United States for the past decades—in some cases posting double-digit gains year-over-year—the American Dream of homeownership may begin to feel elusive. However, Unison, a homeownership investment firm, maintains there are ...
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