"October 17, 2024" Archives

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North Carolina homeowners impacted by Helene may avoid federal buyouts: Politico

Following the ravages of Hurricane Helene in the western region of North Carolina, federal programs designed to assist impacted homeowners with property buyouts and relocation assistance may not have much interest. This is according to local officials who spoke with Politico. Zeb Smathers, the mayor of Canton in western North Carolina, described for the outlet…

‘Real Estate Insiders’ explore housing affordability issues and local government solutions 

In a new episode of the “Real Estate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Pete Mills — senior vice president of residential policy and industry engagement at the Mortgage Bankers Association (MBA) — to discuss the housing affordability crisis in today’s complex real estate market.  The group also discusses…

Preapprovals fell 15% in Q3 as home prices spiked: LenderLogix

LenderLogix, a provider of mortgage point-of-sale and automation software for lenders, said that borrowers generated 49,392 preapproval letters through its QuickQual preapproval program in third-quarter 2024, a 15% decrease from the second quarter. The average number of preapproved borrowers per loan officer decreased slightly to 28.5 in the third quarter, down from 29 in Q2 2024,…

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