Mortgage

Eviction and Foreclosure Moratoriums on Federally-backed Single-family Mortgages Extended Through March 31, 2021

HUD has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums By Jeff Sorg, OnlineEd Blog (January 25, 2021) US Dept. of HUD – Acting U.S. Housing and Urban Development (HUD) Secretary Matthew E. Ammon today announced that the Department has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums on federally-backed single-family

Monthly New Residential Sales for November 2020

Sales of new single-family houses rise above last October By Jeff Sorg, OnlineEd Blog (December 1, 2020) (Washington, DC ) – The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced on November 25, 2020, the following new residential sales statistics for October 2020: New Home Sales Sales of new single-family houses in

Fannie and Freddie Baseline Limit Increases to $548,250 in 2021

FHFA Announces Conforming Loan Limits for 2021 By Jeff Sorg, OnlineEd Blog (November 30, 2020) Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021.  In most of the U.S., the 2021 maximum conforming loan limit (CLL) for

Categories: Mortgage, Real Estate

Effective Immediately: Discriminatory Speech and Conduct Outside of REALTORS® Practice is Prohibited

The NATIONAL ASSOCIATION OF REALTORS® Board of Directors approved a change today expanding the Code of Ethics’ applicability to discriminatory speech and conduct outside of members’ real estate practices. OnlineEd Blog (November 13, 2020)   Salem, Oregon November 13, 2020 – NAR’s Board of Directors today strengthened REALTORS®’ commitment to upholding fair housing ideals, approving a

CDC Halts Evictions Nationwide – Renters Must Claim Protection

Centers for Disease Control Moratorium Stops Residential Evictions to Help Prevent Spread of COVID-19 By Jeff Sorg, OnlineEd Blog (September 2, 2020) The Centers for Disease Control and Prevention (CDC), located within the Department of Health and Human Services (HHS), announced the issuance of an Order under Section 361 of the Public Health Service Act to

Categories: Mortgage, Real Estate Tags: , , ,

Top Relocation States During the Pandemic

Florida tops the list of buyer destinations during the pandemic By Jeff Sorg, OnlineEd Blog (August 19, 2020)       (OnlineEd) – Hire a Helper, who has been helping people move for over 10 years, has released what they bill as “The Ultimate Collection of US Moving Statistics” on their web site https://www.hireahelper.com/. The report

COVID-19 Mortgage Relief, Scams, Online Banking Tips, and Student Loan Relief

CFPB offers tips and videos to alert the public about how mortgage forbearance works and financial information for those impacted by the COVID-19 Pandemic  By Jeff Sorg, OnlineEd Blog (April 3, 2020) WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) has released a video on how struggling homeowners can obtain mortgage forbearance if their finances

Home Value Appreciation Has Slowed Each Month This Year

Annual home value appreciation decreased for the seventh straight month in July By Jeff Sorg, OnlineEd Blog (August 16, 2019) SEATTLE, Aug. 16, 2019 /PRNewswire/ — U.S. home value growth continues to slow, according to the July Zillow® Real Estate Market Reporti. The typical U.S. home is worth $229,000, up 5.2% from a year ago – this is the smallest

Report for Residential Construction Activity in June 2019

Building permits, housing starts, and housing completions report By Jeff Sorg, OnlineEd Blog (July 17, 2019) (Wahington) US Dept. of HUD – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for June 2019. Building Permits Privately-owned housing units authorized by building permits