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Investors Cashing In On Detroit's Real Estate Surge: 'A Market Like No Other'
Once known for its urban decay and financial turmoil, Detroit is emerging as an unlikely haven for real estate investors, offering opportunities that seem almost too good to be true in some cases. Cha... ...more
Investments
September 05, 2024•2 min read
A 40-year mortgage should be the new American standard for first-time homebuyers, two-time presidential advisor says
John Hope Bryant once led the largest minority-controlled owner of single-family rental homes in America, and served as an advisor to two presidential administrations. And now, as founder and chief ex... ...more
Mortgage News
August 31, 2024•3 min read
CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans
NewDay USA's deceptive tactics came amid VA home loan "churning" scandal WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender New Day Financial ... ...more
Investments ,Mortgage News
August 29, 2024•3 min read
California lawmakers approve bill allowing undocumented immigrants to apply for California Dream for All homebuyer assistance
California's Department of Finance confirmed the program has no money to provide at this time. SACRAMENTO, Calif. — California lawmakers have sent a bill to California Gov. Gavin Newsom that will allo... ...more
Mortgage News
August 28, 2024•2 min read
DRE Urges Licensees to be on Alert for Growing Warehouse Lines of Credit Schemes
SACRAMENTO – The Department of Real Estate has learned about an elaborate fraudulent scheme concerning unlicensed, unregulated, imposter wholesale lenders who have entered the marketplace and are defr... ...more
Business ,Mortgage News
August 16, 2024•4 min read
CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to FailCFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail
CFPB affirms that contracts for deed must comply with longstanding federal mortgage protections ...more
Business ,Investments &Mortgage News
August 15, 2024•4 min read
U.S. Housing Market to Surpass $50T in Value
The U.S. housing market is expected to surpass the $50T mark within the next 12 months, with eight metro areas already valued at over $1T each. ...more
Investments ,Mortgage News
August 14, 2024•2 min read
CFPB Report Finds Lenders Cramming Markup Fees and Confusing Terms into Solar Energy Loans
The Consumer Financial Protection Bureau (CFPB) today issued an issue spotlight finding that some residential solar lenders are misleading homeowners about the terms and costs of their loans, misrepre... ...more
Business ,Investments &Mortgage News
August 08, 2024•4 min read
Frustration Evident in Consumer Housing Sentiment
WASHINGTON, DC – August 7, 2024 – The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased 1.1 points in July to 71.5, as an overall lack of affordability continues to hamstring consumer sentime... ...more
Mortgage News
August 07, 2024•2 min read
Fannie and Freddie Tighten Rules to Combat Multifamily Mortgage Fraud
Fannie Mae and Freddie Mac are set to introduce stricter lending rules in response to a federal crackdown on commercial mortgage fraud. ...more
Mortgage News
August 06, 2024•1 min read
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Kirk Jaffe Enterprises, Inc.
195 Highway 50, Ste 104-476
Stateline, NV 89449