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May 26, 2023
Did you know that wheat futures prices are at a 2-year low? And lumber prices continue to drop? Those numbers should help reduce inflation. During the conference in NY there was plenty of talk about external influences such as price increases on residential lending. But there are also plenty of issues within our biz that face lenders daily. For example, signing bonuses continue, albeit at a slower rate. Perhaps some of the economic bloom is off the bonus rose? Big signing bonuses come with big h...
January 27, 2022
The collapse of the Champlain Towers South in Surfside, Florida, in June 2021, sent shockwaves throughout the United States and was a wake-up call to condominiums to the dangers of aging infrastructures.
January 24, 2022
The collapse of the Champlain Towers South in Surfside, Florida, in June 2021, sent shockwaves throughout the United States and was a wake-up call to condominiums to the dangers of...
January 22, 2022
In light of Champlain Towers South collapse, secondary mortgage market giants, Fannie Mae and Freddie Mac have issued bulletins advising of new temporary requirements for mortgages issued in connection with condominiums and cooperatives.
January 22, 2022
In light of Champlain Towers South collapse, secondary mortgage market giants, Fannie Mae and Freddie Mac have issued bulletins advising of new temporary requirements for mortgages issued in connection with condominiums and cooperatives.