Real estate news

• Mason-McDuffie Mortgage announces partnership with tech company Blend

  09-05-2016 23:37
  
  Blend, winner of HousingWire’s Tech 100 award, teamed up with Mason-McDuffie to create a digital lending platform. The company wants to offer a more modern, digital experience to homebuyers.
  
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• A fight to protect 'the most valuable real estate in space' - Washington Post

  09-05-2016 23:05
  
  Washington Post
  A fight to protect 'the most valuable real estate in space'
  Washington Post
  The first salvo was a missile launch by the Chinese in 2007 that blew up a dead satellite and littered space with thousands of pieces of debris. But it was another Chinese launch three years ago that made the Pentagon really snap to attention, opening ...and more »
  
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• California housing becomes more affordable

  09-05-2016 22:50
  
  Housing affordability has gotten better from 2015’s fourth quarter, but California still has a lot of catching up to do. CAR’s recent report shows the affordability percentage, and how it compares to 2008 and 2012.
  
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• Adler, Leffingwell spar at real estate 'Power Lunch' - Austin Business Journal (blog)

  09-05-2016 22:29
  Austin Business Journal (blog)
  Adler, Leffingwell spar at real estate 'Power Lunch'
  Austin Business Journal (blog)
  The defeat of Proposition 1 didn't stop former Austin Mayor Lee Leffingwell and current Mayor Steve Adler from verbal sparring at Monday's annual Power Lunch, sponsored by a variety of real estate organizations. Leffingwell and Adler were part of a ...and more »
  
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• Credit unions no exception to growing digital demand

  09-05-2016 22:14
  
  While known for their more personal relationship with borrowers, credit unions are still subject to the pitfalls of not going digital. A new study found that credit unions that offer fewer digital services are losing assets. Here's how much going digital is helping/hurting their bottom line.
  
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• EXCLUSIVE: First Guaranty Mortgage goes digital, buys goodmortgage.com

  09-05-2016 21:39
  
  First Guaranty Mortgage Corp. is acquiring goodmortgage.com, an online mortgage lender, as FGMC plans to expand its digital presence. According to the company, goodmortgage.com was one of the "early pioneers" in online direct consumer lending, and its robust online lending platform made it attractive to FGMC.
  
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• PEMCO appoints Kimiko Yamamoto CEO, President

  09-05-2016 21:35
  
  Yamamoto was with the company since 1996, and served as chief operating officer since 2008 before being named CEO. Her work does not consume all of her time, however, as she also serves with various organizations and non-profits.
  
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• Fannie Mae: Consumers never felt so poorly about home buying

  09-05-2016 21:16
  
  Fewer consumers feel that now is a good time to buy than ever before, according to new survey results released Monday by Fannie Mae. The survey results come on the heels of the previous month’s survey, which showed consumers had less confidence in the housing market in general than they had for 18 months.
  
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• Los Altos Hills: Real estate agent arrested in alleged phony home-buying scheme - San Jose Mercury News

  09-05-2016 19:23
  
  Los Altos Hills: Real estate agent arrested in alleged phony home-buying scheme
  San Jose Mercury News
  LOS ALTOS HILLS -- A real estate agent has been arrested for defrauding her older clients out of more than a million dollars by fooling them into thinking they were buying foreclosed homes at bargain prices and then keeping the cash for herself ...and more »
  
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• Los Altos Hills: Lathrop real estate agent arrested in alleged phony home buying scheme - San Jose Mercury News

  09-05-2016 19:23
  
  Los Altos Hills: Lathrop real estate agent arrested in alleged phony home buying scheme
  San Jose Mercury News
  LOS ALTOS HILLS -- A real estate agent has been arrested for defrauding her older clients out of more than a million dollars by fooling them into thinking they were buying foreclosed homes at bargain prices and then keeping the cash for herself ...and more »
  
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• Banks boost real estate lending as delinquencies drop - Crain's Chicago Business

  09-05-2016 19:13
  
  Crain's Chicago Business
  Banks boost real estate lending as delinquencies drop
  Crain's Chicago Business
  With the local real estate market riding high, the amount of bad commercial property debt at banks has fallen to its lowest level in a decade. The delinquency rate for bank loans secured by income-producing real estate in the Chicago area fell to 1.5 ...
  
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• Chinese regulators to investigate Anbang amid real estate push - The Real Deal Magazine

  09-05-2016 19:06
  
  The Real Deal Magazine
  Chinese regulators to investigate Anbang amid real estate push
  The Real Deal Magazine
  China's insurance regulator plans to investigate Anbang Insurance Group amid its recent U.S. real estate investment binge. According to a source quoted by Bloomberg, the China Insurance Regulatory Commission is putting together a team of inspectors to ...and more »
  
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• Fannie Mae, Freddie Mac mortgage modification interest rate falls to new record low

  09-05-2016 18:37
  
  The benchmark interest rate set by Fannie Mae and Freddie Mac for standard mortgage modifications will drop to its lowest level ever later this week, as the government-sponsored enterprises adjust their standards to match the market's "historically low" interest rates.
  
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• Real Estate ETFs Rejoice Amid Low Rates - Fox Business

  09-05-2016 18:09
  
  Fox Business
  Real Estate ETFs Rejoice Amid Low Rates
  Fox Business
  Real estate investment trusts and related exchange traded funds are capitalizing on the low interest-rate environment, and the market could find further support ahead as REITs become the newest S&P 500 sector. Continue Reading Below. REITs are firms ...
  A+ Real Estate ETFs to Capitalize on a Dovish FedNasdaqall 6 news articles »
  
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• The top towns for real estate investors - CNBC

  09-05-2016 17:46
  
  CNBC
  The top towns for real estate investors
  CNBC
  Millennials are finally moving into their homebuying years, but with precious few starter houses available for sale, a growing number of these buyers are choosing to rent single-family homes. That is a big opportunity for investors overall, especially ...
  
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• Inside the Real Estate Crowdfunding Land Rush - Bloomberg

  09-05-2016 16:43
  
  Bloomberg
  Inside the Real Estate Crowdfunding Land Rush
  Bloomberg
  Last month a Texas entrepreneur took to Craigslist with a surprising offer: For $50,000, the author of the listing would part with 5 percent of a real estate crowdfunding startup that he said would generate profit within three months. Seemant Nakra ...and more »
  
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• How your real estate assets can provide a big payoff to charity - Washington Post

  09-05-2016 15:08
  
  Washington Post
  How your real estate assets can provide a big payoff to charity
  Washington Post
  With the richest men in the world such as Bill Gates, Warren Buffett and Mark Zuckerberg giving away their fortunes, you may wonder whether you have similar options and what the tax benefits would be. Chase Magnuson, director of the Planned Giving ...
  
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• Monday Morning Cup of Coffee: Housing limbo due to homebuilder compliance costs?

  09-05-2016 06:01
  
  The housing inventory crisis has created a roadblock during the spring buying season, and it doesn't look like it will be ending anytime soon. As far as when the Fed will raise interest rates, no one seems to have a clue. Experts are widely divided, with only a little more than a month left until the Federal Open Market Committee meets again in June.
  
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