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@FannieMae & @FreddieMac Would Be Privatized Under Proposed Budget

Posted on July 24, 2017

Fannie Mae and Freddie Mac Would Be Privatized Under Proposed House Budget House Republicans want to privatize Fannie Mae and Freddie Mac as part of their 2018 budget proposal. GOP members of the House of Representatives unveiled their 2018 budget. Dubbed “Building a Better America” and authored by Budget Chairman Diane Black (R-TN), the plan […]

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Location, Location, Location — Maybe Not

Posted on July 21, 2017

Location, Location, Location — Maybe Not “Location, location, location” – no one can deny the real estate cliche is at least partly true. A good location for a home or business can mean a world of happiness and success, while poor placement can lead to countless problems.But is a prime location ever too good and costly to be […]

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Wake-Up Call to #Mortgage Industry: #Millennials Crowdfunding #Homes

Posted on July 19, 2017

  For most millennials, buying a home is more like a nightmare than the promised American Dream. Eighty percent of millennials — defined as those born between 1980 and 1995 — say they want to buy a home, but most have less than $1,000 saved a for a down payment, according to ApartmentList.com. So, enter […]

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Americans Hoarding #Money in Banks, So, Why Aren’t More People Buying #Homes

Posted on July 17, 2017

. Cash is king again. Enjoying a steady job market but reluctant to spend freely due to economic uncertainty, a wide swath of middle-class Americans are hoarding money in banks. Total bank deposits rose 6.6% last year to $10.7 trillion, extending steady growth seen in recent years, data from the Federal Deposit Insurance Corporation show. […]

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The Next Jobs Humans Lose to #Robots #RealEstate Appraiser

Posted on July 14, 2017

The Next Jobs Humans Lose to Robots: Real Estate Appraiser  Twenty-five years ago, Brian Weaver was told at a seminar that the real estate appraisal profession would be killed off by technology in five years. It didn’t happen. But he now thinks the forecast wasn’t exactly wrong — just early, according to Business Week. Weaver works at […]

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#Home Buying Easier for #Millennials, First-Timers as Credit Scores Hit New Highs

Posted on July 12, 2017

Home Buying Easier for Millennials, First-Timers as Credit Scores Hit New Highs The largest lenders are finally loosening their standards to make housing more accessible for millennials and first-time buyers, more than a decade after the housing crash. Fannie Mae, the largest source of mortgages, is making it a little easier for people with all […]

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#HelpWanted — Good, Bad or Ugly for #Millennials; #Housing & #Mortgage Industries?

Posted on July 10, 2017

222,000 new jobs were created in June as hiring accelerated in the spring, the largest increase in four months and second biggest haul of the year. Hiring was also stronger in May and April than previously reported, according to the government. The unemployment rate, meanwhile, rose to 4.4 percent from 4.3 percent as more people entered the labor […]

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Changes to Credit Scoring Good for #Housing, #Mortgage Industries & #Homebuyers

Posted on July 07, 2017

Changes to Credit Scoring Good for Housing, Mortgage Industries & Homebuyers Collingwood Group Chairman Tim Rood talked about this and more on Fox Business’ “Mornings with Maria.” Fox Business turns to The Collingwood Group for our expertise, shouldn’t you? Contact us here to learn what we can do for your business. Millennial Majority New detailed […]

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Launch the Fireworks Again: Changing Credit Scores Benefit #Mortgage, #Housing Industries

Posted on July 05, 2017

Launch the Fireworks Again: Changing Credit Scores Benefit Mortgage, Housing Industries Millions of Americans have another reason to celebrate again, a day after the Fourth of July. The three nationwide consumer reporting companies, Equifax, Experian and TransUnion, have instituted new policies this week that have raised about 12 million consumers’ credit scores, and that should […]

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Overhauling @Fanniemae & @Freddiemac – The Good, The Bad & The Ugly

Posted on June 30, 2017

View it in your browser.   Overhauling Fannie & Freddie: The Good, The Bad & The Ugly Two senators  – a Republican and a Democrat  – who are working on an overhaul of Fannie Mae and Freddie Mac are seriously considering a plan that would break up the GSEs, according to sources quoted by Bloomberg.The proposal by the leaders of the Senate […]

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