Welcome!




Expand Your Education with These Courses from
Territory Management: Skills for Sales Success: Part Eight.
Bundle 1: CIPS Core Courses (Non-US Version).
Expand your education through NAR’s REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
ACE: Purchase Reverse Mortgage Course.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.

Home Owner News Archive


Fannie Mae Announces Eviction Moratorium for the Holidays

Fannie Mae (FNMA/OTC) announced recently that it will issue an eviction moratorium for the holidays, as it has done in previous years. The company will suspend evictions of foreclosed single family and 2-4 unit properties from December 18, 2013 through and including January 3, 2014. For this period, legal and ...


55+ Housing Market Confidence Is Breaking Records

The nationwide financial and economic challenges in recent years have upended millions of consumers' retirement plans, and dreams of transitioning into a new or smaller dwellings to age in place. ...


Real estate Q&A: How the Self-Employed Can Get a Mortgage

(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it’s hard to document my income. So I’ve been getting turned down for a mortgage, even though I’m willing to make a large down payment. Any ...


Five Reasons Why You Need to Close on a Home by the End of the Year

If you are debating on whether you should make an offer on a new home before the New Year, now is the time to stop deliberating and submit your bid. Between 2013 tax benefits, and avoiding mortgage rate roulette and changing lending ...


Fannie Says: Cautious Consumers Stalling Housing Momentum

Positive momentum in the housing market continues to lose steam as Americans remain cautious about their personal finances and the state of the economy, according to Fannie Mae’s November National Housing Survey results. ...


Adjustable-Rate Mortgages Return with a More Conservative Look

(MCT)—With one daughter in college and another in high school, Guy Hempel and Cherina Rossi face years of tuition payments. ...


As Houses Get Bigger, Some Opt to Downsize Into ‘Wee’ Homes

(MCT)—At first glance, the pint-sized cypress-wood cabin Emily Faulconer is building looks like a hand-hewn, portable home for hobbits. ...


Great Spaces: Rosie O’Donnell Buys in Florida for $5 Million

Earlier this year, Rosie O’Donnell almost purchased a Palm Beach property owned by Olivia Newton-John and even put an offer on the mansion. But after there was a suicide on the property, O’Donnell backed out of the deal and began her Florida ...


Get a Bigger House or Stay Put? Both, with a Remodel

(MCT)--With a baby on the way earlier this year, Jeff and Meredith Schaff decided they needed more room than their small three-bedroom, one-bath starter home could provide. ...


CFBP Rules: A Detailed Look at the Replacement of Consumer Disclosure Forms

On November 20, 2013, the final rules on the replacement of the current consumer disclosure forms required under RESPA and the Truth-in-Lending Act were released. The new, integrated Loan Estimate Form and Closing Disclosure Form, called “Know Before You Owe,” will go ...


The Mortgage Professor: With Loan Insurance, Bad Rules Lead to More Rules

(MCT)—In 1999, Congress decreed that the monthly mortgage insurance premiums that borrowers paid could be terminated by the borrower under certain conditions, and if the borrower failed to act, the lender was obliged to terminate a little later. This rule applied to mortgages insured by private mortgage insurers. Shortly thereafter, ...


New Mortgage Disclosure Forms to Roll Out in August 2015

(MCT)—The federal government’s consumer financial watchdog will require lenders to issue shorter, easier-to-understand mortgage disclosure forms to home buyers that more clearly show the costs and terms of the loans. ...


Home Builders Seek Legislative Fix for Soaring Flood Insurance Premium Rates

The National Association of Home Builders (NAHB) called on Congress recently to take steps to resolve unintended consequences of the Biggert-Waters Flood Insurance Act that are resulting in huge premium spikes for many home owners and impacting the sale, construction and remodeling of homes across the nation. ...


REALTORS® Demand Immediate Relief for Homeowners Impacted by Increases in Flood Insurance Premiums

Homeowners across the country should not be forced to pay for the sudden and dramatic flood insurance premium increases that are the unintended consequence of the Biggert-Waters Flood Insurance Reform Act of 2012, insisted the National Association of REALTORS® in testimony before ...


Home Prices Continue Rising, Sales Steady

RE/MAX Releases National Housing Report on 52 Metro Areas ...