Real estate news

• Treasury: Mnuchin never claimed Fannie, Freddie profits specifically funded Obamacare

  08-05-2017 23:46
  
  In an interview last week with FOX Business Network’s Maria Bartiromo, Treasury Secretary Steven Mnuchin mentioned that profits of Fannie Mae and Freddie Mac may be used to fund non-housing Federal programs. This lead some to [wrongly] assume he meant specifically funding Obamacare. He didn't. This is what he really meant.
  
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• Here are the top 10 metros for empty nesters

  08-05-2017 23:43
  
  As the Baby Boomer population continues to age, the population of empty nesters is growing larger, hitting 15.5% of all households in 2015. But where these empty nesters choose to live may actually surprise you. Using data from the U.S. Census Bureau, Zillow names the top 10.
  
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• Banks petition Mnuchin for help in fighting new loan rule

  08-05-2017 22:42
  
  A new rule from the Financial Accounting Standards Board is set to take effect in 2019, but some regional banks are fighting back. In fact, they even sent a letter to Treasury Secretary Steven Mnuchin, asking him to review the rule, and explaining it could make borrowing more expensive.
  
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• Home-Buying Confidence Springs Back

  08-05-2017 22:31
  Confidence in home-buying is springing back, with more buyers optimistic about their ability to move off the fence and into the market, according to the recently released Fannie Mae Home Purchase Sentiment Index® (HPSI) for April.
  The HPSI bounced back 2.2 percentage points to 86.7 last month, up from 84.5 in March. Those surveyed for the Index who reported it being “a good time to buy a house” climbed 5 percentage points to 35 percent—but those who reported it being &ldquo
  
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• A Strong Economy Spurs Real Estate Success in Germany

  08-05-2017 22:29
  According to Daniel Ritter, CEO of Von Poll Immobilien/Von Poll Real Estate, Germany has a lot to offer real estate investors, including a strong economy, low unemployment, an excellent infrastructure and a “reliable and functioning political and legal system.” In the following interview, Ritter shares what makes his firm successful, strategies that mirror those of America’s most successful brokers: technology, training and professionalism.
  Real Estate magazine: Please tell us
  
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• New Broker Strategies: Reset a Course at RISMedia’s Power Broker Forum

  08-05-2017 22:23
  With a vast array of communication touch points, are you effectively engaging on all channels?
  Gain insight on the new broker strategies effectively reaching today’s clients and prospects at RISMedia’s upcoming Power Broker Forum, New Broker Strategies for Engaging Today’s Consumers, taking place this month at the REALTORS® Legislative Meetings & Trade Expo in Washington, D.C. The Forum will be held Thursday, May 18 from 10:30 a.m.–12:00 p.m. at the Marriott Wardm
  
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• Regional Spotlight: Mid-Atlantic Awash With Activity

  08-05-2017 22:21
  Regional Spotlight—The Mid-Atlantic region is awash with real estate activity this spring, with real estate practitioners in the area expecting a busier season overall, according to a recently released survey.
  “After a solid 2016, the Mid-Atlantic real estate market is poised for continued growth in 2017,” says Tom Phillips, president and CEO of Bright MLS, which conducted the survey. “Many of our Bright MLS real estate professionals, who are at the forefront of the housi
  
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• Ackman pitches Howard Hughes, citing management and real estate locations - Reuters

  08-05-2017 22:03
  
  Reuters
  Ackman pitches Howard Hughes, citing management and real estate locations
  Reuters
  William 'Bill' Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid. 1/2. left. right. William 'Bill' Ackman, CEO and ...
  Ackman Pitches Real Estate Development Business Howard HughesTheStreet.comall 35 news articles »
  
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• Kushner family tells Chinese property investors: Welcome to America

  08-05-2017 20:52
  
  Kushner Companies came under fire after an event in Beijing with Chinese investors. The company told investors about the opportunity for a visa to the U.S. if they invested at least $500,000. While this tactic is nothing new, the company has been criticized for name dropping Jared Kushner, the president’s son-in-law and White House senior adviser, in its marketing materials. Here’s what the company said about the allegations.
  
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• MERS wins in four Pennsylvania county lawsuits

  08-05-2017 19:59
  
  MERS announced it locked in another court victory on Monday. The Commonwealth Court of Pennsylvania, by a majority opinion, ruled in MERS’ favor in four lawsuits filed by the Recorders of four Pennsylvania Counties. This is the latest in a string of lawsuits that have cropped up since the financial crisis.
  
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• Fannie, Freddie release official strategy to serve underserved markets

  08-05-2017 19:01
  
  Fannie Mae and Freddie Mac released their three-year plans for Duty to Serve Underserved Markets plans. Now, the FHFA is asking for feedback from the industry. The plans, mandated by the Housing and Economic Recovery Act of 2008, requires the GSEs to lay out their plans to served three specified, underserved markets to deliver more affordable housing.
  
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• Former Ginnie Mae president says Fannie and Freddie reform takes "real work"

  08-05-2017 18:41
  
  The former Ginnie Mae president recently told the Mortgage Bankers Association in an interview that he is pretty confident the 115th Congress can finally tackle GSE reform. But to what extent and effectiveness the Trump administration can conquer reforming Fannie Mae and Freddie Mac remains to be seen.
  
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• Fannie Mae: Consumer housing optimism rebounds in April

  08-05-2017 16:12
  
  After the slight dip in confidence in March, consumer optimism rebounded in April, even hitting a new survey high regarding the ease of getting a mortgage. Only one section of the survey saw a decrease in optimism – less Americans reported that now is a good time to sell.
  
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• Here’s how brokers can reach Millennials

  08-05-2017 07:00
  
  Mortgage brokers have a great opportunity to do more business with home-buying Millennials in 2017, and will be an easier task than one might have expected. It comes down to educating them on the mortgage process and why brokers are the best option, as opposed to overhauling their mindset.
  
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• Monday Morning Cup of Coffee: Impact of GOP healthcare bill on finance market

  08-05-2017 06:01
  
  Billionaire Warren Buffet explained what GOP’s healthcare bill could mean for business owners, saying it could have an even greater impact on the economy than Trump’s proposed corporate tax cut. Also, D.C. is forfeiting millions of dollars for affordable housing because it can’t meet its deadlines, so there’s that. And speaking of losing millions of dollars, here’s the latest in the Wells Fargo fake accounts scandal.
  
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• Does Your Content Pass the 'Strawberry Test'?

  08-05-2017 00:00
  
  Try this method to make sure your online marketing is "inviting, bite-sized, and healthful."
  
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