The Mortgage Collaborative and Blend announced a partnership to bring the digital experience to a network of small, mid-sized, and community-based lenders. As a 2017 HousingWire Tech 100 winner, Blend is a Silicon Valley technology company that’s helping bring mortgages into the modern age. The Mortgage Collaborative is the latest lender to step up to the growing digital demand in housing.
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California homeowners who rent out their properties on Airbnb could now potentially be the target of fair housing investigations, thanks to an agreement between the short-term rental website and the California Department of Fair Employment and Housing. Here are the details.
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The Trump administration recently announced a tariff on Canadian softwood lumber imported into the U.S. to address a long-standing issue between the two countries. And while Canadian lumber producers, as intended, will feel the impact immediately, so will U.S. homebuilders. The main difference is that it could take U.S. homebuilders up to six months to feel the financial blow.
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Avilla Homes opened its first leased neighborhood in Texas with a ribbon cutting ceremony in the Dallas area. Despite low inventory levels, the homes’ developer explained the new neighborhood will not compete with single-family developments.
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Financial Services Committee Democrats are not going to let the Republicans easily shut the door on discussing the Financial CHOICE Act. Right now, the Financial CHOICE Act is the Republican-led act to replace the Dodd-Frank Wall Street Reform and Consumer Protection Act. Democrats prefer to call it the “Wrong Choice Act.” This uncommon hearing was scheduled to give their feedback on the controversial act.
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For those in the housing industry, Pam Patenaude’s name is well known. So, it should come as no shock that the housing industry supports the Trump administration’s nomination of Patenaude to serve as the HUD deputy secretary. Declarations of support for Patenaude came in quickly after the White House’s announcement of her nomination, including from some of the housing industry’s biggest groups, and from Patenaude’s potential boss at HUD.
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Ten-X predicts existing home sales will slip in April, coming down off March’s high. Despite this drop, economists explain the two months will still be the best in recent memory for the housing market.
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