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topStories Saturday, May 11, 2013
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Relaxing Lending Standards
A growing number of bankers anticipate tight lending standards will begin loosening soon.
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New Mortgage Rules for Balloon, Rural Lenders Would Limit Access to Credit in Rural Areas
Many residents in rural America would have reduced access to mortgage credit despite accommodations included in new Consumer Financial Protection Bureau (CFPB) mortgage rules, according to survey results released recently by the Independent Community Bankers of America® (ICBA). ICBA’s Community Bank Qualified Mortgage Survey found that provisions for balloon-payment mortgage loans and rural community banks in the CFPB’s ability-to-repay and qualified mortgage regulations need to go further to adequately protect the customers of many Main Street community bank lenders. ...
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Clear Capital: April's Stable Home Prices Reflect the New Normal

Clear Capital®, a provider of data and solutions for real estate asset valuation and collateral risk assessment, has released its Home Data Index™ (HDI) Market Report with data through April 2013. Using a broad array of public and proprietary data...
Metro Area Home Price Growth Trend Continues in First Quarter

Metropolitan area median home prices continued to rise in the first quarter, with the national gain showing the best year-over-year performance in over seven years, according to the latest quarterly report by the National Association of REALTORS®....
Boomerang Buyers Making a Comeback

(MCT)—Andreea Stucker thought she made a good investment when she bought a Huntington Beach, Calif., condo with her boyfriend in December 2005. But then she and her boyfriend split up. He moved out just as the housing market crashed,...
Home Buyer Age Impacts Home Size Preference

A recent study from the National Association of Home Builders (NAHB) shows variations in home buyer preferences with regards to home size when it comes to age, race and ethnicity.
NAHB’s “What Home Buyers Really Want,” surveyed more than 3,60...
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RREIN Press Releases Read the Latest Local and Regional Real Estate Updates!
Your Place: Readers Offer Solutions to Persistent Problems
By Alan J. Heavens
(MCT)—I get the impression that there are a lot of untrustworthy cats in this country from the number of remedies submitted to me on combating urine odors. Here’s a step-by-step from reader Ed Zoller in Jacksonville, Fla.:
3 Things You Can Do That Your Future Self Will Thank You For

Low Home Equity Rates Keep Listings Down in Many Markets


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