It's a buyer's market, according to the National Association of Exclusive Buyer Agents, but sellers who have used their homes like ATM machines are going to be tough to negotiate with, particularly on price.Sellers who are overextended need to sell their properties at the highest possible price to pay off their bills, said NAEBA president Tom Early. "Buyers need to make sure they are just buying the seller's house, not the seller's debts too," he warned. Mr. Early noted that buyers' agents are obligated to negotiate the price down to a realistic level, whereas a seller's agent is obligated to get the seller's price even if it is too high.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
9h ago -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









