Biden Aims At Increasing Transparency in Real Estate to Curb Corruption

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In: Realtor News

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To stop the use of the U.S. market for money laundering through illicit activity, the Biden administration is trying to expand reporting requirements on all-cash real estate deals. At present title insurance companies in 12 metropolitan areas are needed toContinue Reading

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

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