Housing Wire

JUNE 4, 2021

In 2021 alone, 1,440 Austin homes have sold for between $100,000 and $299,999 above asking price, and 72 have already sold for $300,000 or more above asking price, per a recent study from Redfin. In 2020 and 2021, it became especially popular for remote tech industry workers looking to move from the Bay Area and Silicon Valley, in California.

Marketing 502

Marketing Sellers Finance Loan Officers 502

Housing Wire

MARCH 13, 2023

The lawsuit alleges that an appraiser with 20/20 Valuations lowered the valuation of a home because the owners, Nathan Connolly and Shani Motta, were Black — and were also denied the owners’ mortgage refinancing application with loanDepot based on the lower appraisal, which violated the FHA and ECOA.

Appraisal 370

Appraisal Valuation Law Loan Officers 370

Housing Wire

AUGUST 22, 2022

As millions of homeowners did during the pandemic, Connolly and Mott applied to refinance their existing mortgage debt in mid-2021 at loanDepot to take advantage of the historic low interest rates. loanDepot contracted 20/20 Valuations and after the appraisal, the lender said it would not extend the loan.

Appraisal 370

Appraisal Loan Officers Valuation Finance 370

Assurance Financial

NOVEMBER 28, 2023

Pre-approval: The lender evaluates your creditworthiness and pre-approves you for a certain loan amount. Property search: You search for a property to purchase within the pre-approved loan amount. The purpose of interest is to reward the lender for taking the risk of lending to you.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Housing Wire

FEBRUARY 7, 2022

A spokesperson for HUD said the agency could not discuss investigations or strategy of fair lending enforcement, but said that fair lending is a priority of the Biden-Harris Administration and HUD. In August, HUD Secretary Marcia Fudge signed an agreement with the Federal Housing Finance Agency to strengthen fair lending enforcement.

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Modernization Insurance Lending Mortgage 370