The “Transparent Owner” tool is becoming available as the Financial Crimes Enforcement Network, or FinCEN, prepares to crack down on money laundering in residential real…
Posts published in “Todd Teta”
Unique IDs created by Nationwide Multistate Licensing System can reveal competitors’ loan originations by product, loan amount, geography and loan officer. Source: Inman News
Loan activity dropped 11 percent, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the…
Wages are rising faster than rent prices in 637 out of the 1,154 counties analyzed — a slim majority, a new report from Attom Data Solutions…
Homebuyers used to be able to count on falling mortgage rates and rising wages to offset red-hot home prices. That’s no longer the case. Source:…
Fix-and-flip investors have seen their lowest profit margins in a decade, with the typical return falling to 34 percent. Source: Inman News
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Source: Inman News
Flipped properties fell to 2.7% of all sales in the first quarter of 2021, the lowest share seen in decades, according to a new report. …
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000. Source: Inman…