2.3 million homeowners still aren’t making their monthly mortgage payments The share of mortgages in forbearance continues to retreat from last summer’s highs, but roughly 2.3 million homeowners are still taking a hiatus from their monthly mortgage payments, according to the latest numbers from the Mortgage Bankers Association (MBA). The MBA’s weekly Forbearance and Call Volume Survey showed the forbearance rate dropping for the seventh week in a row, to 4.5 percent as of April 11, 2021. That’s 18 times higher than the 0.25 percent rate before the pandemic, but…
Read MoreNeed inventory? 3 circle-prospecting strategies that’ll get you more listings
If your buyers lost out in a multiple-offer situation or you are looking for more listings, these tactics can tackle those problems while helping you build your database and positioning you as a go-to local expert Andrew Merry via Getty Images Did your buyers lose out in a multiple-offer situation? Are you looking for more listings? These tactics can tackle those problems while helping you build your database and positioning you as a go-to local expert. Circle prospecting is a proven process that can help us grow our business and…
Read MoreFederal officials seek better rules about schools’ indoor air quality
“Significant questions remain regarding effectiveness and the potential impacts on human ,” air quality experts wrote about the equipment schools are buying. WASHINGTON — The Education Department is drafting new guidance about indoor air safety in schools, administration officials said, as a group of scientists, engineers and experts warn that schools have spent hundreds of millions of federal dollars on electronic air cleaning devices that are scientifically unproven and could produce harmful chemical byproducts. At least 250 public schools or school systems and some universities have bought the devices, including…
Read MoreCracked Memphis bridge may reopen soon but highlights supply chain vulnerabilities
Every barge taken off the shipping route would add about 70 tractor-trailers to the roadways, an expert estimated. But trucks are in short supply. A crack in the Interstate 40 bridge in Memphis, Tennessee, highlights some of the nation’s biggest supply chain vulnerabilities, but engineers are hopeful they may be able to at least reopen shipping on the Mississippi River in the next week to alleviate some of the strain. The Hernando de Soto Bridge, a vital Midwest shipping route that connects Arkansas and Tennessee, has been shut down to…
Read Moreengage.marketing 2021
In 2021, all housing professionals must be focused on the 3 P’s: Process, Profitability and Purchase. PPP may have meant something different in 2020, but this year the 3 P’s are the guiding light to long-term mortgage success and domination. The ratios flipped last year. Strong purchase lenders that historically did 70% purchase business, originated 70% refinance. And while that refi wave continues to drive some unbelievable production numbers – now is the time for mortgage professionals to focus on the purchase business that will be critical to success over…
Read MoreBest Business Ideas for the
Mortgage application volume lost ground again last week, although the decline was small and refinancing volume pulled out a sliver of a gain. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of…
Read MoreNGE On Demand: 3 Trending Asset Classes: Life Sciences, Data Centers & Coworking with Beth Radichel
NGE Real Estate Partner Beth Radichel discusses three trending areas in the commercial real estate industry: life sciences, data centers, co-living, and working spaces, and how they are particularly well suited in Illinois and the greater Chicago area. Source
Read MoreBarnes & Noble owner buys stationery retailer Paper Source out of bankruptcy
“The opportunities for Paper Source to work with Barnes & Noble are tremendously exciting for both businesses,” said Barnes & Noble’s CEO. / Source: CNBC.com Elliott Investment Management, the owner of Barnes & Noble, said Tuesday it will acquire gift and stationery retailer Paper Source. The acquisition will provide Paper Source with the funding it needs to emerge from Chapter 11 bankruptcy. Barnes & Noble CEO James Daunt will oversee both companies. While the two businesses plan to operate independently, it hinted at possible partnerships in the future. “With Paper…
Read MoreТелезвезда-кандидат в губернаторы Калифорнии выступила за гражданство для нелегалов
Кандидат в губернаторы Калифорнии от республиканской партии Кейтлин Дженнер заявила, что поддерживает предоставление гражданства 1,75 миллионам иммигрантов без документов в составе рабочей силы штата. Эта позиция расходится с мнением многих республиканцев и 45 президента Дональда Трампа, которого Дженнер поддерживала до 2018 года, пишет CNN. Фото: Shutterstock В интервью CNN Дженнер сказала, что решила бросить вызов губернатору Калифорнии Гэвину Ньюсому на выборах в рамках его потенциального отзыва, после изучения кризиса, развернувшегося на южной границе. Там администрация Байдена изо всех сил пытается остановить наплыв иммигрантов из Южной и Центральной Америки, многие из…
Read MoreГлава Госдепартамента обсудит в Брюсселе Украину и Афганистан
Штаб-квартира НАТО в Брюсселе Глава Госдепартамента обсудит в Брюсселе Украину и Афганистан Поездка Блинкена госсекретаря и министра обороны Остина в Бельгию пройдет на фоне усиления напряженности на российско-украинской границе Госсекретарь США Энтони Блинкен в ближайшие дни вновь посетит Брюссель для обсуждения ситуации в Иране и Афганистане, а также действий России в отношении Украины, сообщил представитель США. Вместе с ним в Брюссель отправится министр обороны США Ллойд Остин. Чиновник, выступавший на условиях анонимности в субботу, не сообщил подробностей поездки. Планировалось, что Остин посетит штаб-квартиру НАТО в Бельгии в ходе начавшегося…
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