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More first-time buyers rely on mortgage rate buydowns to afford homes

Housing Wire

HomeLight is an Arizona -based real estate platform designed to connect agents with clients. HomeLight notes that this is becoming more common for existing-home sales. HomeLight found that the NAR commission lawsuit and the resulting settlement made buyers and sellers uncertain about how to handle changes to buyer-broker agreements.

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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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The doxing saga of Michael Arrington’s Miami mansion?

Housing Wire

ONE Sotheby’s International Realty agent Jessica Adams is under fire after TechCrunch co-founder and crypto investor, Michael Arrington took to Twitter on Tuesday alleging that Adams had leaked information about his purchase of a Miami waterfront mansion to the press, creating security concerns that forced him and his family to relocate.

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Home equity products light up a dark housing market

Housing Wire

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Equity 447
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How to Buy a Multifamily Property in 10 Steps

The Close

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. Simply put, it’s a residential building with more than one unit designed to house multiple families.

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White House aware of issues over investment properties

Housing Wire

The federal government is well aware that mortgage lenders and industry stakeholders are frustrated by the 7% cap on second homes and investment properties that was implemented as part of a broader series of amendments to Fannie Mae and Freddie Mac ‘s Preferred Stock Purchase Agreements. The revised PSPAs require that beginning Jan.

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Opinion: A merger to rewire the housing ecosystem

Housing Wire

Investor expectations will change, and government entities will attempt to coordinate their response. Any future exit from conservatorship will confront issues beyond capitalization such as data monetization, risk parameters, secondary market design, FHA execution and the pricing of mortgage guarantees.