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Mortgage industry provides commentary on CFPB’s proposed changes to QM loan definition

Housing Wire

Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the general qualified mortgage definition and the expiration of the QM patch in January 2021. Under § 1026.43(c)(2)(vii),

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LendingLife: New General QM Rule up in the air

Housing Wire

LendingLife is a daily digest of the most important news and commentary edited and curated exclusively for mortgage loan originators. This post originally appeared in HousingWire’s LendingLife newsletter. Join the community ! Hello, LOs! How would you like to be questioned by Congress on Day 13 of your new job?

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How the Basel Endgame could impact the mortgage market 

Housing Wire

So, even there, George’s team assumes only a few loans would fall into this category of high LTV, ultimately having higher capital requirements. According to George, the rule would impact only the jumbo market, a very high credit quality market.

Mortgages 318
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Geek Estate July Monthly Radar 2022

GeekEstate

Below is a wrap-up for the month of July with the most interesting analysis & commentary from the GEM. With Pacaso, the current category king, remaining focused on second luxury homes for personal use (i.e. Beyond the content side of our business, we curate proptech dinners, lunches, walks, and happy hours around the country.

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Ready To Stop Working? The Best (and Worst) States for Retirement in 2021

Realtor.com

Georgia , due largely to its enticing combination of nice weather (coming in third in this category) and affordability (fourth). “In our weather category, we upgraded states for warmer temperatures and downgraded cooler climates,” says Ostrowski. The top state of them all? ” Worst states for retirement in 2021.

Staging 121
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LGBTQ+ REAL ESTATE ALLIANCE LAUNCHES WEBSITE FOR LGBTQ+ HOME BUYERS AND SELLERS

Realty Biz

This will include commentary, reports from various LGBTQ+ support groups, insight into prominent LGBTQ+ communities, and highlights of community gains and acceptance levels. It was named the 2022 Inman News Innovator of the Year in the MLS, Association, or Industry Organization category.

MLS 86
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Four Horsemen of the Housing Apocalypse, Part 3: On a Black Horse – Recession

Notorious ROB

Even with a strong job market and wage gains, as well as Covid stimulus savings, price spikes in core spending categories including food, gas and shelter are leading more Americans to mind their pocketbooks closely. Market commentary to follow… / Twitter” May homebuilder survey results published last week.