Capital One announced last week it will lay off nearly 300 employees from its Plano, Texas campus as part of its ongoing termination of the company’s mortgage lending and home equity operations....
Mortgages
Mortgages
Hurricane Irma’s Effects Linger in Southwest Florida
When Hurricane Irma blew through the southeast in the early Fall of 2017, it was the strongest Atlantic basin hurricane ever recorded. The hurricane stretched 650 miles from east to west, affected...
Investors Benefit from Home Equity Increases
According to CoreLogic’s recently published Home Equity Report, borrowing money to buy a home is paying off for homeowners these days. In 2017, homeowners with mortgages gained more than $15,000 in...
How to Become an Accredited Investor
Summary: Understanding the purpose of the accredited investor designation is important for you and your investing business. This article walks through how to determine if you’re an accredited...
3 Ways to Start Investing Immediately
We’ve all heard the old adage, “You have to spend money to make money.” Nowhere is that less true than in real estate. While you do have to spend something to get started in real estate investing,...
Will Trump’s Immigration Policy Lead to Another Foreclosure Crisis?
It’s no secret that President-elect Donald Trump made a lot of promises on the campaign trail and was pretty controversial while he did it. One of the biggest things that he promised voters was that...
Is Villainous ARM Making a Second Grab?
With mortgage rates rising, more and more homebuyers are considering something that most probably thought out of the question: taking on an adjustable-rate mortgage (ARM) in order to make a home...
Rising Home Values Mean Fewer Underwater Mortgages
About 11 percent of U.S. homeowners were underwater on their mortgage during the third quarter, down from 13.4 percent a year prior, Zillow reports. That’s great news if you consider where things...
FHA Loan Limits Increase—For Now
In response to rising home prices nationwide, the Federal Housing Administration has raised loan limits for 2017. So if you have been or will be looking to buy a home, you may be able to qualify for...
Homeownership No Longer Has Tax Savings
We believe we have found one of the primary reasons why entry-level home buying has not recovered—and why homeownership has been plunging. For decades, homeowners benefitted from both the financial...
