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Pending Legislation Would End Home Inspection Waivers In Massachusetts

MBS Market Imbalance Fueling Higher Rates


Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into conservatorship in the wake of […]

Home-Equity Lending Blossomed In 2023


Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. The popularity of home equity lines of credit (HELOCs) and closed-end second (CES) […]

Beneficial-Ownership Filing Mandate Takes Effect In 2024


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 […]