Monthly Archives: January 2017

 

HUD giveth and Trump taketh away: FHA’s Mortgage Insurance Premium reduction suspended

  The ink wasn’t even dry yet on his official inauguration, and President Donald Trump already found a way to impact the real estate industry – although not as we would have predicted. In one of the very first moves by his new administration, POTUS Trump signed an administrative order to suspend the FHA’s planned […]

WELLS FARCE: Wells Fargo is reeling from their fake account scandal

The final quarterly reports for 2016 are in, and the news does not bode well for banking giant Wells Fargo, embroiled in a fake-account scandal that defrauded hundreds of thousands of customers. In fact, the San Francisco-based national bank has admitted that for years, its employees had been creating fake checking accounts and opening unauthorized […]

FHA lowers mortgage insurance premiums to help home buying

This week, consumers looking to buy a home in 2017 using the popular FHA loan program got a bit of good news. On January 9, U.S. Housing and Urban Development Secretary Julián Castro announced that the Federal Housing Administration (FHA) will reduce its mortgage insurance premiums pay by a quarter of a percent per year. […]

A profile of your California Association of Realtors

For over 100 years, the California Association of REALTORS® (C.A.R.) has aided and served real estate agents, brokers, and real estate professionals in the state of California. C.A.R. works tirelessly to promote excellence and professional standards, integrity, and education, quell legal disputes, and even affect real estate and housing law. They are driven to uphold […]