Government shutdown can cause many problems and can affect large number of areas. The housing market has seen great improvements in the last months and industry experts were expecting this to improve till the end of this year. However, this government shutdown has changed the
A report released by non-profit firm, Tax Foundation, reveals the scariest statistics about consequences of ending Mortgage Interest Deduction. MI deduction has always been the hot topic for debate and an end to this can have some serious consequences. According to the report from Tax
We are so excited to share that our President, Sandra James has been featured in the cover story in WBENC’s President’s Report magazine. It is indeed well deserved and her journey has been that of grit, determination and hardwork that led to the success of
Home Equity Conversion Mortgage program (HECM) will be revised with some changes and may come into effect in the month of October. Federal Housing Administration (FHA) will receive new changes from the House and the U.S. Senate that may go into effect from 1st October 2013.
Home finance write-offs year-to-date in July 2013 dropped by 22% this year and it is also being termed as the highest drop since 2007 according to a report from Equifax. The Chief Economist, Amy Crews Cutts, of Equifax has quoted, “Only two major consumer credit
It is absolutely okay if you haven’t filed your tax returns in the last several years and now want to enter the tax system safely. “It is better late than never” and IRS believes this phrase. That is why they are allowing people to enter
Independent Foreclosure Review Settlement has seen about 3 million people cashing or depositing $2.6 billion+ in checks. The regulators were eyeing on finalizing the settlement by the end of summer. It went on as a mass mailing that was under a massive deal with 13
2013 has been a year of recovery for the housing industry and the nation is praising it for the same. The housing recovery has been quite a relief for everyone and homebuyers are seemingly becoming confident for buying homes. If we look at the records
As a mortgage borrower, you know the importance of meeting the closing date on time and it often happens that it gets delayed due to one or the other reason. The reasons may be wrong address, details not matching, incorrect loan amount, etc. All these
Still recovering from the excitement of last night’s Ballpark game, we had a packed agenda of workshops, awards and matchmaking on 25th July at Westin St. Francis, San Francisco. The event aimed to acknowledge the achievements of members and “all-stars” among the WBEs. Fellow event sponsors