Tuesday , 24 November 2020

Buzz Feed

Bill Clinton Foundation Hosts Discussion of Affordable Housing

The Bill Clinton Foundation has launched a virtual conference series titled “Building an Inclusive Recovery,” in which President Bill Clinton speaks with changemakers aiming to address racial and economic disparities in the wake of COVID-19. The first video conference, “Small Businesses, Big Opportunities,” focused on how small businesses may be part of the solution to … The post Bill Clinton …

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Home Sales Crush 14 Year Record; Average Loan Taking Almost 2 Months to Close, But With Record Low Rates

Ellie Mae said the interest rate across all closed loans dropped below 3 percent for the first time in the nine years the company has been tracking the data. Ellie Mae is now a part of ICE Mortgage Technology, a division of Intercontinental Exchange, Inc., a NYSE listed firm. The company’s Origination Insight Report shows that the 30-year note rate …

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The Industry Pulse: Leadership, Acquisitions, and Partnerships

Minneapolis-based Bell Bank has hired Jesse Schwab as EVP/Chief Risk Officer, with oversight of all non-credit related risk management for Bell Bank and its divisions. “We’re excited to have Jesse join our growing Bell team,” said Michael Solberg, Bell’s president and CEO. “His experience in this arena will help us implement additional risk management processes and policies. Jesse’s role is particularly important as Bell Bank approaches the $10 billion asset threshold, which will make us subject to … The post The Industry …

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COVID-19 Vaccine Could Help Boost Urban Real Estate

CNN Business recently posted a report covering the possibilities of how a COVID-19 vaccine could directly affect the real estate market. According to real estate and economy experts, the arrival of a vaccine could really begin to turn the market around. Currently, the pandemic and historically low mortgage rates and home inventory have driven up … The post COVID-19 Vaccine …

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What’s Driving the Residential Lending Boom?

The third quarter of this year recorded 3.25 million mortgage originations secured by residential property, according to new research from ATTOM Data Solutions. This represents a 17% increase from the second quarter, a 45% spike from the third quarter of 2019, and the highest original level in 13 years. Third-quarter home mortgages totaled an estimated … The post What’s Driving …

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