Mortgage, Real Estate

Fannie Mae & Freddie Mac ease mortgage requirements

By Mike Wheatley | March 26, 2020
Fannie Mae and Freddie Mac have been told by the Federal Housing Finance Agency to come up with alternatives to appraisal requirements and employment verification on loans they service through May 17, in response to the COVID-19 shutdown. “To allow for homes to be bought, sold, and refinanced as our nation deals with the challenges […]
US Real Estate

How to keep your gadgets clean from the coronavirus

By Mike Wheatley | March 20, 2020
Your smartphone, your laptop, and even your car could all potentially be carrying germs from the coronavirus. As such, it’s important for us to regularly disinfect any areas that are frequently touched in order to avoid spreading the virus. For real estate professionals that means paying careful attention, not just to our gadgets but other […]
Housing, Mortgage

Trump announces moratorium on foreclosures due to coronavirus

By Mike Wheatley | March 20, 2020
U.S. President Donald Trump announced Wednesday a full moratorium on foreclosures for homeowners with mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration. The Department of Housing and Urban Development has also provided help, saying it will suspend all evictions of public housing residents. It’s said that FHA loans and public housing […]
US Real Estate

How to recession-proof your real estate business in the coronavirus outbreak

By Mike Wheatley | March 17, 2020
Economic activity across the world has come to a shuddering halt due to the coronavirus outbreak. Stock markets have plummeted, while conferences, dining, lodging and travel are all being cut back or canceled altogether. The crisis may cause real estate professionals to start making plans in case the outbreak leads to a slowdown in home […]
Real Estate Resource

How Are Landlords Responding to Coronavirus Fears?

By Regina Gables | March 15, 2020
As of January 2019, American households owed roughly $9.12 trillion in mortgage debt. Considering the increasing costs of housing nationwide, it's no surprise many people can't feasibly pay for their homes. That, among other things, is as good a reason as any for many people to continue renting. But while that may be a boon […]
US Real Estate

Students face housing problems as colleges shut down

By Mike Wheatley | March 13, 2020
A number of U.S. colleges and universities are canceling in-person classes and moving to online instruction due to the threat of the coronavirus. They’re asking students to leave dorms and campus housing, too, amid the rising cases of COVID-19, which was declared a pandemic by the World Health Organization on Wednesday. Administrators are closing dorms […]
Featured News, US Real Estate

Here's how the coronavirus will impact U.S. real estate

By Mike Wheatley | March 4, 2020
Fears over the coronavirus have struck fear into investors and rattled financial markets across the world. And with 103 confirmed cases in the U.S. as of Tuesday, there are worries that the near-pandemic will likely impact housing markets too. So far, coronavirus fears have already resulted in mortgage rates falling, as investors are pulling money […]
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