Obviously the mortgage and real estate industries go hand-in-hand, so you should keep up to date by checking out the IET Capital blog. Here's a couple recent articles you might find interesting.
Blue-lining is the line of risk lenders are drawing around certain neighborhoods that are more susceptible to flooding or any other natural disasters. As Californians experiencing more and more wildfires, this practice could directly affect us and the mortgage rates we get in the future. Check out the article here to learn more!
Desktop appraisals and other relaxed protocols expired earlier this year, but on October 18th, the acting director of the FHFA, Sandra Thompson, announced at the Mortgage Bankers Association annual convention that desktop appraisals will be reintroduced and made permanent in early 2022. Learn more about what that means for you by clicking this link!Posted by Ben Nicolas on