A recent article in the Dallas Business Journal revealed that RPL Properties, a Dallas-based real estate development company, has purchased 50 tax-delinquent home lots with the intention of developing affordable
Mortgage Market Update
HVCC and the New Appraisal/Lender Relationship
Many real estate agents have shared their confusion with us about the appraisal procedure for lenders. Some believe HVCC is still around (it’s not), and
Mortgage Market Update
How will QM/ATR affect your business?
Back in late October, we began delving into the topics of Qualified Mortgage (QM) and the Ability to Repay (ATR) rules. If you missed the
3 Texas Cities Named Among “10 Hardest Working Mid-Sized Cities”
Texans are known for a lot of things. Cowboy culture, Tex-Mex cuisine, distinct southwestern drawl, but apparently folks in the Lone Star State are also being recognized for their ability
Mortgage Market Update
Ability to Repay and Qualified Mortgages
You’ve probably noticed there’s been a lot of talk recently about the Ability to Repay (ATR) and Qualified Mortgages (QM) rules. If you’re a mortgage
Mortgage Market Update
How the Government Shutdown Affects Real Estate
The partial government shutdown is now into day 14, and the U.S. is facing mounting financial pressure. According to a recent article from NBC,
Mortgage Market Update
Out of the frying pan and into the fire.
Last week, mortgage pros and potential home buyers breathed a sudden sigh of relief when the Federal Reserve announced that it would
Mortgage Market Update
All Eyes on Fed FOMC Meeting Tomorrow
The real estate and mortgage market professionals will be fixed on the Federal Open Market Committee (FOMC) tomorrow, as the tapering decision will surely
Mortgage Market Update
Check out the latest hot topics in the real estate and mortgage industries, from new home prices to this week’s mortgage rates.
Higher Lot Prices = Higher New Home Prices
Newly constructed
Austin’s Wealthiest Zip Codes
The state of Texas has quite a few affluent communities, but Austin seems to be one of the top cities for wealthy Texans. According to a recent report from the