CBS News, Jan. 15, 2025-Kate GibsonHomeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of …
Category: Top National News
Los Angeles Wildfires: US Banks Ready Mortgage Relief for Affected Homeowners
Reuters, Jan. 13, 2025-Niket Nishant, Pritam Biswas, Saeed AzharJPMorgan Chase and Bank of America are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple …
LA Fires Update: Do Evacuees Still Have To Pay Mortgage and Utility Bills?
Newsweek, Jan. 15, 2025-Giulia CarbonaroThe wildfires which have burned through Los Angeles County for more than a week now have damaged or destroyed thousands of homes, wiping out entire neighborhoods …
Home Equity Finance Impacts Economy
Home Equity Lending News, Jan. 14, 2025Cash proceeds extracted from home equity find their way into the U.S. economy, stimulating activity and contributing to growth. But when real estate values …
Wildfires Prompt Reckoning for Homeowners Insurance Costs
National Mortgage News, January 14, 2025-Andrew MartinezThe devastating fires in Los Angeles could deliver a “substantial correction” to Californians’ property insurance bills.Click here for more (subscription)
Oh, That Sinking Feeling: The Subsidence of Multifamily
Multi-Housing News, January 13, 2025-Lew SichelmanMultifamily communities in major cities along the Atlantic Coast are subject to sinking. Columnist Lew Sichelman explores what the impacts might be.Click here for more
LA Wildfires Likely to Slow Down Mortgage Trades
National Mortgage News, Jan. 14, 2025-Brad FinkelsteinThe wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of …
Housing Market Shift: 9 States Where Housing Inventory is Giving Buyers More Power
Fortune magazine, Jan. 12, 2025-Lance LambertNine states are back above pre-pandemic housing inventory levels, according to ResiClub’s monthly housing inventory report.Click here for more
Biggest US Banks Ready Mortgage Relief for Victims of Los Angeles Wildfires
Reuters, January 13, 2025-Niket Nishant, Saeed AzharJPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple …
Jobs Report Fuels Treasury Yield Surge as Markets Brace for 5% Threshold
Reuters, January 13, 2025-Davide BarbusciaA recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for …