A weekend topic starting with the Real Deal. "When long-standing rules for negotiating broker commissions were thrown up in the air, buyers were left hanging with questions on how mortgages will factor into the revamped process. Mortgage giants Fannie Mae…
A report from Reuters. "A 'bull case' scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet Yellen said there is no discussion on insurance for all…
It's Friday desk clearing time for this blogger. "When mortgage rates hit 7% in the fall, Austin-based mortgage broker Aaron Kovac was a little spooked. After a stunning rise in home sales amid ultra-low interest rates, 'the market just went…
A report from News.com.au. "Living at 432 Park Avenue in New York – one of the wealthiest addresses in one of the tallest residential buildings in the world – should be the epitome of luxury. But residents who have paid…
It's Friday desk clearing time for this blogger. "Experts say there could be a foreclosure wave next year as companies go out of business 'and those jobs don’t come back,' said Chad Van Horn, a Fort Lauderdale-based bankruptcy attorney. 'I…
A weekend topic starting with UCLA Anderson. "Given that home equity typically represents a serious chunk of a household’s net worth, the stakes are highly consequential when contemplating selling. While some decisions to sell are driven more by non-economic factors…