Deciphering Biden Administration's New Mortgage Servicing Rules

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In: Realtor News

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At the end of June, new mortgage servicing rules were issued by the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Administration (FHFA) putting regulations in place to help homeowners who are still struggling to make payments onContinue Reading

Biden Administration Have to Take Steps To Protect Student Loan Borrowers

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In: Mortgage News

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Last updated on February 3rd, 2021 at 12:16 pmA temporary freeze on federal student loan payments which was put in place by President Donald Trump is set to expire just a few weeks before taking office by President-elect Joe Biden.  Continue Reading

Joe Biden Proposal On The Tax Change That Will Impact Real Estate

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In: Realtor News

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Last updated on February 4th, 2021 at 05:08 pmPresident-elect Joe Biden has proposed a number of policies that would affect taxes on individuals with income above $400,000, including raising individual income, capital gains, and payroll taxes.  By raising the corporateContinue Reading

Future Of Mortgage Rates, Housing Policy, And Real Estate With Biden

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In: Mortgage News, New Home Mortgage News, Realtor News

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Last updated on February 3rd, 2021 at 12:09 pmBiden Administration is focused on affordability and accessibility in regards to the housing policy. So far, Biden has proposed a $15,000 first-time homebuyer tax credit, financial help for renters, and reinvestment inContinue Reading

If Biden Wins He Might Forestall Fannie Mae and Freddie Mac Reforms in 2020

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In: Mortgage News

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Last updated on February 2nd, 2021 at 02:23 pmWill a Joe Biden presidency derail housing reform and therefore the “recap and release” of mortgage giants Federal National Mortgage Association and Freddie Mac? The answer may be a resounding “yes,” consistent with housingContinue Reading