FHFA Issues Final Rule on Uniform Mortgage-Backed Security
Washington, D.C. – The Federal Housing Finance Agency (FHFA) has issued a final rule that requires Fannie Mae and Freddie Mac (the Enterprises) to align
Tag: news
How do you pay with bitcoin?
Cryptocurrency, especially Bitcoin, continues to rise in popularity despite its value’s volatility recently. In fact, you can see some home listings in bitcoin already. For those of you who are looking to use
Survey: How are millennial home buyers saving to buy their first home?
Millennials are perhaps one of the most mysterious home buyers for both lenders and realtors. Unlike previous generations, their buying habits and
Featured Partner: Hillock Mortgage Group
Partners of Home Mortgage Alliance Corporation (HMAC), NMLS #1165808 is growing. We now have licenses across 44 US states and soon to be nationwide. Let us present one of our active partners
Amazon HQ2 Effects on Real Estate
Amazon had just announced that it had selected its final location for its second Headquarters or HQ2. HQ2 will be in two locations namely Long Island City, New York, and Arlington, Virginia. This is the result of
Housing affordability is alarming
Federal Housing Finance Agency (FHFA) reveals a new housing affordability metric. This new metric builds upon the data already provided by other similar metrics. What does it show? Well, the data tell
Home Mortgage Alliance Corporation welcomes partners
Home Mortgage Alliance Corporation (NMLS #1165808) welcomes new partners to its TRUE PARTNERSHIP PROGRAM. The partnership provides already successful mortgage brokers the opportunity
Is there an impending recession?
For months now we had been seeing the news that talks about an impending recession and sometimes another housing bubble? Is there really an alarm for something of this concern once again? Do you feel
Smart Cities will Change Mortgage
Smart Cities powered by Industrial Internet of Things (IIoT) innovation will change mortgage. Homes and buildings are changing from your usual home to something that is more connected. Likewise, mortgage is evolving from the usual pen and
Will the Dodd-Frank changes affect Lending and Mortgage?
In a historic measure, the House approves Dodd-Frank changes in a vote of 258-159. This is the most significant bipartisan revamp of financial rules since
Should Access to Social Media Accounts Be Allowed?
We just read from Newstalk.com that a bank is demanding access to mortgage applicants social media accounts. This requirement is part of
Are we headed to another Housing Bubble?
Prices of homes are soaring at new levels and many people are asking, “are we headed to another housing bubble?” A recent data by the U.S. Census Bureau indicates that the average price of a new home had