Don’t know if you’ve noticed, faithful Banker & Tradesman readers, but it’s a rough road out there right now.
Consider the Federal-Aid Highway Act of 1956.
Is faster and cheaper always better? Many would exclaim, “of course!” but, when it comes to valuing residential real estate the answer should be a cautious “maybe.”
After a few hits, a pot farm may sound like a good deal after all.
Since their emergence in the late 2000s, alternative lenders have been regarded as the most significant disruption to the lending business in recent memory, excepting the global financial crisis of 2008.
The Millennials are at it again, disrupting another staple of American society and bending legacy establishments to their inexorable will.
Acknowledging the housing affordability crisis in Massachusetts is easy. For decades now, housing growth has slowed, while the commonwealth’s economy has accelerated. New housing construction is now roughly half what it was in the 1980s, and as a result, working families and younger residents struggle to afford to live and work in Massachusetts.
At the end of May, the president signed into law a bill some called the “most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago.”
Could lenders’ pain be your gain if you’re shopping for a home mortgage? Maybe.
Supporting transportation-friendly development and walkways designed with pedestrians in mind, a segment of the Massachusetts Turnpike Extension is in the process of being reconstructed.
The barrier proposed for Boston Harbor will need a catchy name.
Pricing your listings properly at the beginning of the listing period is the most important step to getting your properties under contract. While some of the following strategies are not for the weak of heart, try them – they really do work.
The two biggest sources of home-mortgage money in the country – investors Fannie Mae and Freddie Mac – are quietly working on ways to make qualifying for a home purchase easier for participants in the booming “gig” economy.
As Washington pursues an agenda of deregulation, community banks watch and wait for something that will actually benefit their portfolios.
Don’t let the new skyscrapers and booming economy fool you – Boston is not a world-class city, and if the region’s residents and elected officials don’t get their acts together, it never will be.
For millions of Americans hoping to buy or refinance a home, it’s a crucial make-or-break question: Will the lender say yes to our mortgage application, turn it down or charge us a higher interest rate than we need?
While it may have taken time for the project to pick up speed, Framingham is pushing forward in its efforts to revitalize downtown at an increasingly accelerated clip.
There is good news coming from Washington for mortgage lending institutions: the CFPB has finalized an amendment to fix what is commonly called the “black hole” problem with the TILA-RESPA Integrated Disclosures regulation.
One troubled school system is enough.
A federal district court has dismissed a closely followed class-action lawsuit that charged Zillow – creator of the controversial Zestimate online home-valuation tool – with deceptive business practices designed to mislead consumers.
This Week’s Poll
- Former Bowling Alley Sold in Malden
- Three MA Men Charged in Multi-Year Mortgage Fraud Scheme
- Weston Property Owner to Pay $40K for Illegal Destruction of Protected Wetlands
- Rhode Island Man Charged in Million-Dollar Embezzlement Scheme
- Longtime CEO and President of StonehamBank to Retire; Successors Announced