Forbearance rate finally hits pre-pandemic levels

Servicers’ forbearance portfolio volume dropped last week to a level below 3.00% for the first time in 18 months. The total number of loans in forbearance decreased by four basis points to 2.96% as of Sept. 19, according to the Mortgage Bankers Association (MBA).       The most notable decline was … Continue readingForbearance rate finally hits pre-pandemic levels

Forbearance rate finally hits pre-pandemic levels

Servicers’ forbearance portfolio volume dropped last week to a level below 3.00% for the first time in 18 months. The total number of loans in forbearance decreased by four basis points to 2.96% as of Sept. 19, according to the Mortgage Bankers Association (MBA).       The most notable decline was … Continue readingForbearance rate finally hits pre-pandemic levels

How LOs can capitalize on social media channels while remaining compliant

Exponentially increase your loan officers’ origination potential without incurring additional expense? Sounds too good to be true, doesn’t it? However, today more than ever before, this ambitious goal is within reach thanks to the marketing power of the internet via social media.  The single biggest … Continue readingHow LOs can capitalize on social media channels while remaining compliant

How LOs can capitalize on social media channels while remaining compliant

Exponentially increase your loan officers’ origination potential without incurring additional expense? Sounds too good to be true, doesn’t it? However, today more than ever before, this ambitious goal is within reach thanks to the marketing power of the internet via social media.  The single biggest … Continue readingHow LOs can capitalize on social media channels while remaining compliant

Affordable housing vacancy drops, and rents are climbing

The vacancy rate for low-income tax credit-supported affordable housing dropped to 2.5% nationwide in the second quarter of 2021, a decrease of .01% from the first quarter, according to Moody’s Analytics REIS, New York. Since Moody’s Analytics REIS has tracked it, the sector’s vacancy rate … Continue readingAffordable housing vacancy drops, and rents are climbing

Affordable housing vacancy drops, and rents are climbing

The vacancy rate for low-income tax credit-supported affordable housing dropped to 2.5% nationwide in the second quarter of 2021, a decrease of .01% from the first quarter, according to Moody’s Analytics REIS, New York. Since Moody’s Analytics REIS has tracked it, the sector’s vacancy rate … Continue readingAffordable housing vacancy drops, and rents are climbing

Agent fired after hack exposed alleged racist, Holocaust-denial views

Real estate agent Joshua Alayon was fired by his brokerage Travers Miran Realty after getting caught up in a data hack earlier this month. According to data obtained by “hacktivist collective” Anonymous, from domain registrar Epik, Alayon allegedly tried to register several domains expressing far-right … Continue readingAgent fired after hack exposed alleged racist, Holocaust-denial views

Agent fired after hack exposed alleged racist, Holocaust-denial views

Real estate agent Joshua Alayon was fired by his brokerage Travers Miran Realty after getting caught up in a data hack earlier this month. According to data obtained by “hacktivist collective” Anonymous, from domain registrar Epik, Alayon allegedly tried to register several domains expressing far-right … Continue readingAgent fired after hack exposed alleged racist, Holocaust-denial views