NMLS Review, Fraud Monitor, Margin Mgt. Tools; Mortgage Products Shifting... Progressive's "Uppayment"?

Here in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability impact of special assessments. Even though the inventory of houses for sale has steadily increased in many areas, some people want more. One idea being bantered about is changing, or eliminating, the capital gains tax on the sale of primary residences. Money talks, and as this veteran LO points out, a housing crash won’t fix affordability. A crackdown on H-1B visas is causing Indian buyers to leave the Dallas housing market, meaning skilled professionals who transformed the region now face exile. That story and the following ones offer a look into the challenges facing homeowners and renters around the world, from San Francisco to the United Kingdom. The impact of demographics on lenders will be one the topics on today’s Mortgage Matters at 11AM PT with Sue Meitner, CMB, the President of Centennial Lending Group (a division of SMP) and sponsored by Lenders One. (Today’s podcast can be found here and this week’s ‘casts are sponsored by Truework, the one verification solution to replace in-house waterfalls. Verify any borrower with a VOIE solution that automates the entire process to quickly deliver the most accurate and complete reports with broad GSE coverage. Hear an interview with Addy AI’s Michael Vandi on importance of AI in improving efficiency and competitiveness, especially as a productivity tool for originators.)