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How Equifax breach could hurt home sales; Lauren Reynolds, Rose Law Group litigator focusing on cybersecurity, says ‘breach could complicate everything’

Posted by   /  September 19, 2017  /  Cyberlaw, Cybersecurity, Real Estate  /  No Comments

RealtorMag The recent Equifax data breach, which exposed the personal information of about 143 million Americans—one of the largest hacks on record—could put home sales at risk. For consumers trying to get a mortgage, the data breach, which compromised people’s Social Security numbers, addresses, and credit card information, could stall their loan approval or put them […]

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Warning: Get ready for a wave of misleading news about mortgage rates

Posted by   /  October 13, 2016  /  Real Estate  /  No Comments

By Jonathan Smoke | realtor.com We are bombarded by info about mortgage rates. You can’t even listen to the radio for long these days without hearing an ad imploring you to “refinance now, as rates have turned lower.” Here’s the problem: Much of the general rate information reported to consumers is just too old and […]

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Mortgage rates today, Tuesday, July 5: Down again and nearing historic lows

Posted by   /  July 5, 2016  /  Real Estate  /  No Comments

By Hal M. Bundrick | Nerd Wallet Fixed-rate mortgage terms are steeply discounted and approaching historic levels. After another round of cuts this morning, mortgage rates on 30-year terms are near all-time lows while 15-year home loans are now below 3%, according to an early Tuesday survey of major national lenders. The NerdWallet Mortgage Rate […]

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Pollack: Outlook still mostly positive, growth will continue nationally, locally

Posted by   /  April 21, 2015  /  Dealmaker, Real Estate  /  No Comments

Economic-Growth

The Monday Morning Quarterback: A quick analysis of important economic data released over the last week By Elliott D. Pollack and Company While the economic news over the past few days has been negative (the stock market selloff, debt problems in Greece again and the Chinese government trying to curtail speculation in their stock market), […]

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Pollack: Don’t panic!

Posted by   /  April 13, 2015  /  Dealmaker, Real Estate  /  No Comments

Pollack: Don't panic

The Monday Morning Quarterback: A quick analysis of important economic data released over the last week By Elliott D. Pollack and Company Nobody panic!! The outlook is still good, in our opinion. While the data has been more mixed than it has been over the past year, part of the cause is Mother Nature (the […]

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Robots and replacing mortgage humans

Posted by   /  April 10, 2015  /  Dealmaker, Real Estate  /  No Comments

technology and mortgage

By Mark Greene, contributor | Forbes The magic of web based mortgage lending is the evolutionary response to technology centric consumers looking for right now, minimum effort results. Smart phones pay for lattes and answer queries about everything from how to get there to what is it or what does that mean. That huge web […]

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Borrowers should shop around, CFPB chief says

Posted by   /  January 14, 2015  /  Real Estate  /  No Comments

mortgages

By Jann Swanson | Mortgage Daily News According to a study conducted by the CFPB, nearly half of all consumers do not shop around before purchasing a mortgage. “This means,” Richard Cordray told an audience at the Brookings Institute, “they seriously considered only a single lender or broker before making their decision.” In a speech […]

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