The Financial Crimes Enforcement Network (FinCEN) as of Jan. 1, 2024, is accepting beneficial-ownership information reports from existing and newly created companies, a mandate that applies to many real estate-related entities. FinCEN, part of the U.S. Department of Treasury, has been authorized to collect the reports, a requirement established under the Corporate Transparency Act of 2021. The law, enacted to curb […]
The 2023 housing market faced one of the same roadblocks we saw in 2022: mortgage rates were too high for home sales growth. Now that we’re in 2024, the Federal Reserve‘s rate hike cycle is over, so let’s look at what that means for housing demand and home prices. However, a yearly forecast has limitations […]
Affordability remains a critical issue in virtually all conversations about housing, and few people understand that reality better than leading housing and mortgage industry advocacy groups. HousingWire sat down with three industry leaders to discuss the housing affordability landscape in 2024: Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit, National Housing Conference (NHC) President […]
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