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Jumbo mortgage rates are near record lows, but there’s a catch for borrowers looking for home loans above the amount Fannie Mae and Freddie Mac will guarantee: It hasn’t been this tough to get a jumbo in four years. Jumbo…
Read moreToday, the National Association of Minority Mortgage Bankers of America hosted a state of the industry town hall. The webinar featured discussions led by industry professionals on minority homeownership topics. Mortgage Bankers Association senior vice president, Steve O’Connor, led the…
Read moreAfter casually lusting after homes on Zillow for over a year – it’s the new Millennial pastime – my husband and I finally took the leap into homeownership this spring. There was one big wrench in the process: COVID-19. We…
Read moreOne of the starkest illustrations of racial disparity in the U.S. is the unemployment rate for Black Americans, which rose last month to 16.8%. Even more alarming, unemployment among America’s Black youth skyrocketed to nearly 35%, more than double where…
Read moreNew York City will be entering phase two of its reopening plan on Monday, which includes allowing real estate firms to reopen. Real estate businesses in the COVID-19 hotspot were ordered by Gov. Andrew Cuomo in late March to stop…
Read moreThe National Association of Realtors laid out a five-point plan for how the real estate industry can step up to provide support in increasing the number of Black American homeowners. While the homeownership rate for Black households has slightly improved…
Read more[Updated June 19, 2020] As I write this I am waiting. Waiting to find out if I am moving in one week, in several weeks or not at all. A lot has happened since I listed my home and went…
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Keith Haas Enterprise lease accounting and lease lifecycle management software market, LeaseAccelerator announced that Keith Haas joined as its new chief financial officer. With over 20 years of experience leading private and public technology companies, Haas is also a certified…
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Due to COVID-19 and the nationwide shutdown, our economic charts have shown waterfall downturns, V-shaped recoveries and everything in between. It has been a rollercoaster ride with all the scare and none of the fun. Now that we have been…
Read moreAs mortgages are forced to go fully digital during the COVID-19 pandemic, lenders’ accessibility has become more important than ever. Roostify Director of Regulatory Compliance Doreen Ghusar, a 2019 HousingWire Insider, explained that without a physical backstop, lenders must ensure…
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