Propy begins pilot program to track real estate deals in Vermont on the blockchain

Palo Alto-based blockchain startup Propy Inc. is launching a pilot program in South Burlington, Vermont that will see its technology applied to keeping real estate records on a distributed ledger.

HUD plans tougher limits on reverse mortgages

Reverse mortgages could be about to lose their sheen after the Department of Housing and Urban Development said it will increase premiums and tighten loan limits

Freddie Mac wants to automate the appraisal process, for some

Mortgage servicer Freddie Mac is hoping to automate home appraisals in an effort to speed up the closing process and reduce fees for home buyers.

NAR’s real estate tech accelerator announces this year’s intake

The National Association of Realtors has announced its chosen seven new technology startups for its 2017 REach tech accelerator program. The aim of the program is to provide promising real estate tech startups with guidance, mentorship and funding

Freddie Mac pilots new lending program for first-time buyers

Freddie Mac has launched a new pilot lending program with two non-bank lenders that eases the income and documentation requirements that come with a standard mortgage application.

The FHFA says HARP will be extended by one more year

The Home Affordable Refinance Program, better known simply as “HARP” is to be extended into next year, Fannie Mae and Freddie Mac announced yesterday.

Nevada Non-Profit Offers to Help Homeowners Pay Mortgages

A new program called Nevada’s Hardest Hit Funds, sponsored a non-profit organization, will help struggling homeowners in Clark County pay their mortgages with up to $500 a month for six months. They will send the money directly to the mortgages companies on behalf of the homeowners.

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