by Robert Wilson | Dec 8, 2016 | Member News
Millennials may be starting to step into the housing market, but affluent, active Baby Boomers are ready to upgrade their homes and live out a leisurely retirement. There’s been plenty of focus on the Millennial generation and the housing market—discussion of whether they want to be homeowners, how likely they are to purchase homes, whether [...]
by Robert Wilson | Dec 6, 2016 | Member News
For more than a century, tax laws have allowed homeowners to deduct the interest paid on their home from their income taxes. President-elect Donald Trump is looking to change the way this law works. “We’ll cap the mortgage interest, but we’ll allow some deductibility,” Steve Mnuchin, the newly nominated Secretary of Treasury said to CNBC. [...]
by Robert Wilson | Dec 2, 2016 | Member News
In the years since the housing fallout, it has become difficult to get a home loan due to oversight and regulation on lending banks by government programs and organizations. This has brought new light to an old option- non-bank lending. This option has been around for years, but recent studies show that this lending outlet [...]
by Robert Wilson | Dec 1, 2016 | Member News
The 2016 Single-Family Rental Summit brought together every facet of the mortgage investment realm for three days of unsurpassed SFR learning. Among the companies in attendance were Altisource, ReVest Capital, BlackRock, OwnAmerica, Investability, Renters Warehouse, Rently, and Alacrity Services. Each of the companies had a representative that participated in the discussions about investment tactics, lending [...]
by Robert Wilson | Dec 1, 2016 | Member News
If cash sales are working their way back to their normal level and REO sales have been declining over the past several years, why are REO sales still claiming such a large share of cash sales? Boesel says, “This is simply a normalization of the market.” “Most likely investors are still very active in purchasing [...]