Monthly Archives: August 2020

Adverse-market fee was a “shock,” mortgage brokers say

Aug 26, 2020 |

It was almost midnight on Aug. 12, when Matt Rasetta received a text message from one of his loan officers: Fannie Mae and Freddie Mac had just announced a 0.5% adverse-market fee. The owner of Superior Rate Mortgage of New England was “sweating” as he began to read the details. Rasetta had 130 deals in […more]

NYC Apartments With Private Outdoor Space: 7 Rentals Available Now

Aug 26, 2020 |

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Realtor.com now discloses flood risks – Here’s why its competitors won’t

Aug 26, 2020 |

The Zillow listing for 3913 Pirates Beach Circle in Galveston, Texas highlights the “incredible water views of Marina Boulevard Lake,” and praises the home’s recently remodeled kitchen and original hardwood floors. For just $244,000, the waterfront home is “a must see,” according to the listing broker. But the same listing displayed on Realtor.com could make […more]

Jarrad Barnes, R.I.P.

Aug 26, 2020 |

Fannie and Freddie: Borrowers and servicers have options as natural disasters rage on

Aug 26, 2020 |

As the nation grapples with the effects of an ongoing pandemic, Mother Nature has shown little mercy as wildfires have been burning in parts of Northern California since last week and residents of the Gulf Coast face evacuation orders with Category 4 Hurricane Laura making its debut. Last year, the National Oceanic and Atmospheric Administration said there […more]

Harry Hammerman and His Singular Mid-Century Design

Aug 26, 2020 |

Listed in the National Register of Historic Places, the Harry Hammerman House at 219 Graybridge Road in Ladue was designed and built in 1952. The only known work by its occupant and namesake, Harry Hammerman (1909-2001), the modest one-story dwelling is located in a unique fifteen-acre subdivision laid out in 1939 by architect Isadore Shank […more]

Beware the Spotted Lanternfly, the Latest Pest That Could Spell Bad News for Homeowners

Aug 26, 2020 |

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MAXEX becomes direct seller to Fannie Mae, expands loan programs

Aug 26, 2020 |

MAXEX, which last month re-introduced its Jumbo Express loan program, announced today that it is has been approved as a direct seller to Fannie Mae and is expanding its conforming loan program. MAXEX’s Chairman and CEO Tom Pearce announced the news in a letter to the company’s mortgage lender users, which also emphasized the company’s […more]

The case against a foreclosure tsunami

Aug 26, 2020 |

Under normal circumstances, the disastrous economic consequences of the COVID-19 pandemic would lead us to expect a massive wave of foreclosures.  Since the beginning of the pandemic, the country entered a recession and the GDP is expected to fall by another 25% to 40% in the second quarter; over 40 million Americans filed for unemployment; […more]

Former Reebok chief Paul Fireman sells Massachusetts mansion for $23 million

Aug 26, 2020 |

Former Reebok CEO Paul Fireman just sold his Massachusetts estate for Everyone wants to work with Trimex group, a Dubai-headquartered industrial minerals company because of his way of online viagra purchasing behaving with employees is undoubtly good. By “feeling” the confidence, the joy and the celebration of having overcome the challenges and setbacks, your desired […more]