New FinCEN Reporting Could Include Brokers, Agents
A new nationwide attempt to stop real estate money laundering could be massive – but there are a lot of “maybes” while FinCEN accepts public comments.
A new nationwide attempt to stop real estate money laundering could be massive – but there are a lot of “maybes” while FinCEN accepts public comments.
Many people want a higher quality of life, but lenders consider quitting jobs or opting for self-employment as a red flag that can scuttle a mortgage approval.
The company that lists residential flood risk on realtor.com released its latest report on commercial RE. It suggests that repair costs could rise 25% by 2051.
At least three Black homeowners in three separate states have now “whitewashed” their home after a low appraisal only to see it reappraise for more money.
Even experts have trouble accurately predicting mortgage rates, but given Fed moves, one suggests only a slight increase – about 3.5% overall in 2022.
Offices once reflected their companies – the more expensive the décor, the more important the firm. But the pandemic and societal shifts are changing that.
Most homeowners won’t see radical changes under new pricing guidance, but some may be surprised their flood coverage costs less – or maybe more.
A new report from Apartment List finds Fla. leads the nation in the percentage of renters (56%) who have to spend 30% or more of their income on housing.
Study: Men and women often interpret emoji facial expressions differently. Men see the yellow thinking face as positive, for example; women not so much.
HUD legal opinion: Special Purpose Credit Programs – a type designed to correct past lending shortfalls to protected groups – are legal under the Fair Housing Act.