Real Estate Roundtable..All the top Real Estate News for Jan 2016
In this episode of Valley of the Sun Real Estate Show We go over all the top Real Estate News Makers for Jan 2016.
Jayson Bates
602-573-3101
www.valleyofthesunrealestateshow.com
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All things news stories for Jan 2016
http://nationalmortgageprofessional.com/blog/news-namb-january-21-2016
Will Mortgage Deductions remain Sacred...Candidates weigh in
Consumer-Direct Mortgage Lending Is Dead
FHA to Cut Multifamily Insurance Rates
http://www.housingfinance.com/finance/fha-to-cut-multifamily-insurance-rates_o
KB Home Sees Demand Surge Among Millennial, 'Boomerang' Buyers
Problems in HUD as Julian castro see it (minute 7:00 to 7:49, 8:26 to 9:16, 10:07 to 10:23)
https://www.youtube.com/watch?v=HveXDushYdM&list=WL&index=41
Foreclosure Inventory Falls to Pre-Recession Lows: CoreLogic
NMLS Reports No Growth in State-Licensed Companies
State licensed mortgage companies actually lost .3% as of the last NMLS report. There are only 15,837 state-licensed companies nationwide. Branches grew 2.9% over the previous year. The number of originators grew by 2% to 130,284 vs. 405,738 federally registered originators. Banks often register everyone since it requires no real expense since they are exempt from continuing education and state licensing fees. The takeaway is that people don’t want to start a mortgage business. Wonder why?
Goldman Sachs to pay $5 billion in mortgage settlement
http://www.ocregister.com/articles/billion-699929-goldman-reached.html
Chase 4Q Mortgage Earnings Down 21% on Lower Revenue
B of A Mortgage Income Drops 26% in Fourth Quarter