While we debate Zillow, more Big Shorts loom

For the umpteenth time, someone in a Facebook group recently asked if buying leads from Zillow was worth it. The answers varied from ominous condemnations to enthusiastic support, with a few tin foil hat aficionados drawing parallels between chem-trail…

While we debate Zillow, more Big Shorts loom

For the umpteenth time, someone in a Facebook group recently asked if buying leads from Zillow was worth it. The answers varied from ominous condemnations to enthusiastic support, with a few tin foil hat aficionados drawing parallels between chem-trail…

Appraisal-free mortgages will make closings easier

As of Sept. 1, Fannie Mae and Freddie Mac will no longer require appraisals on many of the loans that they buy. Because the two GSEs (government-sponsored enterprise) buy about half the mortgages originated in America, this is big news that will make buying a home easier and less expensive …

Appraisal-free mortgages will make closings easier

As of Sept. 1, Fannie Mae and Freddie Mac will no longer require appraisals on many of the loans that they buy. Because the two GSEs (government-sponsored enterprise) buy about half the mortgages originated in America, this is big news that will make buying a home easier and less expensive …

NAR: Why election day was a good day for Realtors

For the nation’s 1.2 million Realtors, election day was about more than Donald Trump’s selection as our next president. The National Association of Realtors spent tens of millions to support local, state and federal candidates across the country and wo…

Opinion: I’m mad as hell

Based on the average age of real estate and mortgage professionals, you’ve likely been around long enough to remember Howard Beale’s quote from the 1976 movie “Network.” This quote came to mind as I began composing this column in reaction to the lack o…

Single-family renters are your next batch of buyers

Where can you find mature, motivated buyers with growing families and community roots, who have saved for their down payment, put their credit in order and know how to maintain and enjoy living in a single-family home …

Investors aren’t behind higher mortgage approval standards — lenders are

Since 2008’s financial collapse and recession, many mortgage industry watchdogs have lamented how tight credit has become and how difficult it is for some potential buyers to obtain a mortgage loan. It may come as a surprise, then, to find out that some mortgage lenders are applying mortgage approval standards beyond the guidelines suggested by their investors …

4 reasons why inventories are pathetic — for now

For first-time buyers — and for brokerages hungry for listings — pathetic inventories have become a bigger problem than qualifying for financing or saving for a down payment. However, the discomfort is more likely a temporary growing pain than a perm…

Freddie Mac’s in the black (again)

Freddie Mac reported $524 million in net income for the first quarter, and judging from the $227 million in net income it reported in the fourth quarter of 2014 and the fact that this was the company’s 14th consecutive quarter in the black, it’s faring much better than its government-sponsored enterprise (GSE) counterpart, Fannie Mae …