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Click through to read how the $2.2 trillion stimulus will help people remain financial stable during the COVID-19 outbreak.
Read More »CARES Act Could Help People Stay in Their Homes
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“Areas of Concern” Ahead for Future Economic Downturn
Click through to read what John Lawrence, EVP, Chief Servicing Officer, BSI Financial, had to say about which segments of the housing market could most feel the effects of another potential recession.
Read More »Could a Vacancy Tax Help Los Angeles’ Affordability Crisis?
Housing activists propose taxing those who let housing units stay empty, as the city struggles with rising home and rent prices.
Read More »Mortgage Contracting Services and M&M Merger: Industry Outlook
MCS CEO Caroline Reaves said the acquisition will allow MCS to expand operations in Miami and “strengthen our vendor network nationwide.”
Read More »Hurricane Heading North After Decimating Bahamas
CNN is reporting that Hurricane Dorian, now a Category 2 storm, is dropping heavy rains and winds along the eastern coast of Florida, and residents of Charleston, South Carolina, have been asked to evacuate. Dorian is carrying maximum sustained winds ...
Read More »Next Recession Could ‘Destroy’ Younger Generation
A new report from The Atlantic states that while inverted yield curves, economic downturns, and slowing growth will impact everyone, it will be the millennials that will be hit the hardest. “Millennials got bodied in the downturn, have struggled in ...
Read More »The Power of Regulators and Regulations
It has been more than a decade since the Great Recession and the Dodd-Frank regulations were handed down. Following the 2018 midterms, Democrats in the House focused on protecting consumers, and the Republican-led Senate Banking Committee is simplifying rules that ...
Read More »Waters: FHA ‘Acted in Haste’ on Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee. The Committee said ...
Read More »Investor Activity Rising in the U.S. Housing Market
Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from Deutsche Bank Research. “With declining mortgage rates … they’re searching for a ...
Read More »Housing Optimism Resilient to Storms
A growing percentage of Americans, especially those in the West, view housing as a good investment despite recent natural disasters.
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