Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling PUBLISHED MON, JUN 6 20223:03 PM EDTUPDATED MON, JUN 6 20224:24 PM EDT Diana Olick@IN/DIANAOLICK@DIANAOLICKCNBC@DIANAOLICK The amount of money mortgage holders could pull out of their homes while still keeping a 20% equity cushion rose by an unprecedented $1.2 trillion inContinue reading “REAL ESTATE“
Unfair property assessments lead to widespread over-taxation of black Americans’ homes A national reckoning with racism, combined with the economic damage wrought by the pandemic, is prompting some state and local officials to take a closer look at an issue that has long bedeviled Black homeowners: inflated property tax assessments. For decades, white tax assessorsContinue reading “Black families pay significantly higher property taxes than white families, new analysis shows”
Insurance of all types is crucial for the smooth functioning of real estate markets. Most mortgage financing is insured, through private mortgage insurers or public insurers like FHA, the U.S. Department of Veterans Affairs, and the Rural Housing Service. In addition, securities collateralized by mortgages—known as mortgage-backed securities—are backed by the federal government, through FannieContinue reading “Did You Know That Title Is An Insurance?”
Tenants: Your Rights When Your Landlord is Foreclosed On Authored By: Legal Services Alabama Information Are you renting an apartment or home that’s in foreclosure? The laws that protect you have changed. Know your rights.. My landlord got a foreclosure notice. What happens to me? Nothing right away. Even if you get a copy of theContinue reading “Your Landlord Was Foreclosed On. Now What?”
Source: HUD.gov / U.S. Department of Housing and Urban Development (HUD)
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