Monthly Archives: May 2019

California Neighborhoods Face Radical Change

California could bring radical change to single-family home neighborhoods By LIAM DILLON MAY 13, 2019 | 9:10 AM | SACRAMENTO If you live in a single-family home in California, it’s likely everyone else in your neighborhood does too. That could change under a state … Continue reading

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Freddie Mac – MFH Financing

Freddie Mac speeds rollout of manufactured-home financing May 2, 2019  16:10 ET Scotsman Guide With housing inventory still lagging, Freddie Mac has announced that its CHOICEHome financing program for manufactured houses is now available to eligible lenders across the country.

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Lowest Unemployment since 1969

Healthy economy posts lowest unemployment since 1969 Scotsman Guide May 3, 2019  15:15 ET The economy added 263,000 jobs in April, pushing the jobless rate to its lowest level in 50 years, according to the latest report from the U.S. Bureau of Labor Statistics.

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Know Your Borrower – Underserved Market Opportunities

By Ray Brousseau, president, Carrington Mortgage Services LLC | bio 5/8/2019 Too often, the common wisdom tells us the underserved market is a vast mortgage wasteland, a place filled with delinquencies and foreclosures, an arena to be avoided. The better idea, it’s argued, … Continue reading

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Hard Money Lenders

Escape the Wild West Private lenders are adopting set underwriting standards to protect borrowers Commercial mortgage brokers tend not to associate hard money, or private money, with a strict set of underwriting guidelines. Long regarded as the wild west of … Continue reading

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Suburban Apartment Market

Commercial Department: Property Typecast: May 2019 By Victor Calanog, chief economist and senior vice president for research, Reis Inc.; and Barbara Byrne Denham, economist, Reis Inc. | bio Are suburban apartment markets playing catch-up? The expansion of the U.S. apartment market over the past seven years … Continue reading

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