Co-issue, eNote, Correspondent, Cust. Experience Tools; CFPB News; FHFA Delays DTI Shift; Bank News and MBS Prices

Have to buy something for someone in your life who has everything? If they’re a basketball fan, how about food smoked with the same type of wood used by NCAA basketball courts? News can be thrown at our biz has no rhyme or reason. Yesterday was one of those days, including the FHFA’s temporary hold on DTI pricing, detailed below. If you’d like some thoughts on the housing market after Silicon Valley Bank’s collapse, here you go, care of MCT. Along those lines, this Friday, “The Rundown” features Keith Little, President of Centennial Bank (Arkansas) discussing the bank failures from a banker’s perspective. Were regulators, auditors, and examiners doing their jobs? Speaking of regulators, my cat Myrtle, who is not a big fan of the CFPB, no doubt took note of yesterday’s announcement that the Consumer Financial Protection Bureau has launched an inquiry into companies that track and collect information on people’s personal lives. Some would wonder, isn’t that every government agency? And how ‘bout this: Is CNBC “recommending” lenders now? Who will read the warning at the top? “Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. Read more about Select on CNBC and on NBC News, and click here to read our full advertiser disclosure.” (Today’s podcast can be found here and this week is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking. Today’s has an interview with Richey May’s Michael Nouguier on the latest in mortgage cybersecurity.)
http://dlvr.it/Sl0396

Comments

Popular posts from this blog

Builders Respond to the Need for Less Expensive Homes Builders are responding to the need for less expensive homes. Let’s connect to go over the process of buying a newly built home and find the right one for you. #affordablehomes #homebuilders www.DanFreshley.com

#ForBuyers #ForSellers #HousingMarketUpdates #BuyingMyths Experts Project Home Prices Will Rise over the Next 5 Years: Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. http://dlvr.it/SzgmjG

How Buying a Multi-Generational Home Helps with Affordability Today In today's world of rising housing costs, many buyers are looking for ways to still be able to buy a home. Some of them have found a solution in multi-generational living. Multi-generational living is when two or more adult generations live together under one roof. This includes siblings, parents, or even grandparents. Reasons To Buy a Multi-Generational Home According to a recent study by the National Association of Realtors (NAR), the top two reasons people are opting for multi-generational homes today have to do with affordability. Cost Savings: About 28% of first-time buyers and 11% of repeat buyers are deciding on a multi-generational home to save on costs. By pooling their resources, households can share the financial responsibilities to make homeownership more affordable. More Space: Another 28% of first-time buyers and 18% of repeat buyers are doing it because they want a larger home they couldn’t afford on their own. With everyone chipping in and combining their incomes, suddenly, that big dream home with more space is within reach. Lean on an Expert If you’re interested in this too, partner with a local real estate agent. Finding the perfect multi-generational home isn't as simple as shopping for a regular house. That’s because there are more people with even more opinions and needs that should be considered. Buying a multi-generational home can be a smart way to tackle some of today’s affordability challenges. When you team up to share expenses, you can make your dream of homeownership more attainable. If this sounds like an option for you and your loved ones, DM me to help you find a home that’s the perfect fit. #expertanswers #stayinformed www.DanFreshley.com