mortgage

Keep Driving Till You Do! Builders Are Coming With You

Today’s News Synopsis: Can’t qualify for a mortgage?  When should you do the necessary upgrades to your home: before or after selling?  The Mortgage Bankers Association reported a 3.3% decrease in mortgage applications from last week. In The News: MarketWatch – “Americans are driving until they qualify again, and builders are responding” (5-29-2019) “Home builders are …

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The Norris Group Real Estate News Roundup 11/22/13

Sources: Builder Confidence Holds Steady in November National default rates held steady in October Existing-home sales decline on falling affordability, tighter inventory Freddie Mac: Mortgage rates reverse course JPMorgan Strikes Deal with Mortgage Investors HOPE NOW: 181K Loan Modifications for Homeowners During Q3 2o13 CFPB Finalizes ‘Know Before You Owe’ Mortgage Disclosures Fed chief nominee …

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The Norris Group Real Estate News Roundup 9/30/13

Today’s News Synopsis: Freddie Mac just reached a settlement with Citigroup over repurchase claims in the future.  In an announcement made yesterday, HUD redefined a qualified mortgage to mean a mortgage that requires periodic payments and not have terms longer than 30 years.  Housing equity increased 30% year-over-year with the decrease in mortgage debt. In …

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The Norris Group Real Estate News Roundup 7/30/13

Today’s News Synopsis: According to the latest S&P/Case-Shiller Index, home prices increased 12.2% and are now at their highest in 7 years.  Foreclosures, on the other hand, decreased by 20% last month.  The Mortgage Bankers Association reported a 7% increase in commercial and multifamily mortgage originations in the second quarter of 2013. In The News: …

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Peter Fortunato

Peter Fortunato Joins Bruce Norris on the Real Estate Radio Show #336

Bruce Norris is joined again this week by Peter Fortunato. Peter has been an investor for a very long time since 1965 and loves the business. He is a libertarian, a capitalist, and he believes that transactions result from carefully conceived goals and plans followed by purposeful action and scrupulous documentation. One important thing he …

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Rick Sharga with Carrington Holding Company, LLC #328

Bruce Norris is joined again this week by Rick Sharga. Rick is the vice-president of Carrington Mortgage Holdings and one of the country’s most frequently quoted sources on foreclosure, mortgage, and real estate trends. Rick has appeared on every major network and news show in the country, and he has even briefed government organizations such …

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The Norris Group Real Estate News Roundup 9/4/12

Today’s News Synopsis: Home prices grew 3.8% in July,  the highest in six years.  Construction on new homes, however, decreased month-over-month in July after showing gains for six months straight.  Freddie Mac is helping people affected by Hurricane Isaac by offering relief policies to those affected in Louisiana and Mississippi. In The News: Housing Wire …

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