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Lenders Open Doors to a Wider Swath of Homebuyers

by Kenneth Harney | May 13, 2019 | Banking & Lending, Industry News, Opinion

Do you want to buy a house but worry that your credit profile will disqualify you for a mortgage? Take another look: A new study suggests that you might find lenders a little friendlier and more flexible than you thought.   According to the Urban Institute Housing...

Strong Spring Real Estate Season Shaping Up – But Who’s Got the Advantage?

by Kenneth Harney | Apr 22, 2019 | Banking & Lending, Residential Real Estate

Have we arrived at one of those rare Goldilocks moments in real estate, where the market works well for both sellers and buyers, strongly favoring neither?   Maybe. Based on the latest national consumer sentiment survey by mortgage investor Fannie Mae, American...

New FHA Mortgage Standards Could Shut Out Some Buyers

by Kenneth Harney | Apr 8, 2019 | Commercial & Industrial, Residential Real Estate

First-time and move-up homebuyers with heavy debt loads, low credit scores and small down payments face a daunting new mortgage hurdle: The Federal Housing Administration is toughening its underwriting standards. Large numbers of applications could be turned down in...

Class Action Suit Could Change Real Estate Commissions

by Kenneth Harney | Apr 1, 2019 | Residential Real Estate

In what could be the most far-reaching antitrust lawsuit for the real estate market in decades, the National Association of Realtors and four of the largest realty companies have been accused of a conspiracy to systematically overcharge home sellers by forcing them to...

Buying a Home Just Got Easier for Many in the Gig Economy

by Kenneth Harney | Mar 25, 2019 | Banking & Lending, Residential Real Estate

If you’re one of the millions of Americans who are self-employed or earn money on the side through freelance, contract or “gig” work, you may know the drill firsthand: Applying for a mortgage can be an intrusive ordeal.   Compared with people who have W-2 forms...
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