According to a survey of mortgage banking executives, conducted at the MBA National Convention in Denver by Genworth Financial, there’s some good news on the home buying front. The survey results indicate that we’ll see the first-time home buyer segment of home purchases growing at a faster pace than other home sales. According to respondents: 57% see the first-time buyer’s…
Based on what we hear from the news media, it seems that President Trump just can’t do anything right. No matter what the situation or decision, it’s reported that he gets it all wrong. Turns out that maybe one of his first decisions after taking office was a good one. He suspended the outgoing administration’s move to further lower the…
Move over Trulia, Redfin, Zillow, and Realtor.com. There’s a new listing site in town. Facebook, the world’s largest social interaction site is jumping into the rental housing listing business. Facebook is seriously expanding their real estate section of their Marketplace teaming up with Zumper and Apartment List.com to list available rental units there. This is their challenge to existing sites…
As you probably know by now, Richard Cordray resigned as the inaugural Director of the Consumer Financial Protection Bureau (CFPB). With that, President Trump wasted little time in appointing his White House Budget Director, Mick Mulvaney, to replace Mr. Cordray. “Not so fast,” says Leandra English. Who? She was Director Cordray’s Chief of Staff. When Cordray decided to resign, he…
Thanksgiving Day comes but once a year. However, the thought and intention of giving thanks for all we share and have should continue throughout the year. LoanLogics give thanks to all our employees, investors, clients, business partners and vendors for their continued support and assistance. We give our sincere thanks for their input, efforts, hard work and dedication. Without them,…
Don’t look now, but with home values on the rise so is home equity. That means that homeowners may have a little more available cash built up in their home. This is cash that can be used for a myriad of reasons; from paying off existing high credit card debts to helping their kids and grandchildren pay off some of…
