The Paper Source Note Convention 2022

FORBES: Foreclosure Activity Falls To The Lowest Level Since March 2020

Mortgages / By

Published by Forbes.com | January 11, 2022 CoreLogic, a global property information provider, today released its monthly Loan Performance Insights report for October 2021. For October, 3.8% of all mortgages in the United States were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to …

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Investors Are Paying Millions for Virtual ‘Land’ in the Metaverse

Behind The News / By

Published by Breitbart | January 16, 2022 One investor spent $450,000 to be the virtual neighbor of rapper Snoop Dogg. CNBC reports that real estate in the metaverse is on the rise, with some completely digital plots of land selling for millions. A report from cryptocurrency asset manager Grayscale recently estimated that the digital world may be a $1 …

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GOP Bill Would Allow President to Ban Foreign Land Purchases in U.S. for 5 Years

Behind The News, Investments / By

Published by Breitbart News | January 11, 2022 A bill being co-led by Reps. Louie Gohmert (R-TX) and Mary Miller (R-IL) would place a five-year moratorium on foreign land purchases to protect “American sovereignty” from being “eroded.” Breitbart News exclusively obtained the bill’s text before its official introduction on Wednesday. The legislation, named the “National Security Moratorium …

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Rebuilding Costs May Exceed Colorado Fire Victims’ Insurance

Uncategorized / By

Published by REALTOR Magazine | January 12, 2022 About 1,000 homes were destroyed in Colorado’s Marshall Fire, where losses are expected to reach $1 billion. Victims of the recent Colorado blaze, which was the most destructive wildfire in the state’s history, may soon learn that rising construction costs have increased the cost of rebuilding beyond …

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Expert: Real Estate Market in 2022 Will ‘Remain Very Strong’

Uncategorized / By

Published by FOX Business | January 5, 2022 Existing home sales were up in November at the fastest pace seen since last January. Compass Executive Vice President Mike Aubrey argued on Wednesday that 2022 will still experience a “really good real estate market,” but acknowledged that the “frenzy of 2021” likely won’t happen again. Aubrey stressed, however, …

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How Profitable Will Commercial Real Estate Be This Year?

Commercial Property / By

Published by REALTOR Magazine | January 4, 2022 Commercial real estate has posted a dramatic recovery ever since the beginning of the pandemic. Sixty-nine percent of commercial real estate brokers say they made more money in 2021 than in 2020, according to the latest Apto National Broker Buzz Poll conducted in December 2021. They’re even …

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Equifax Adding ‘Buy Now, Pay Later’ Payments to Credit Reports

Behind The News, Economy / By

Published by Newsmax | December 31, 2021 The credit bureau is one of the largest in the U.S. and will begin recording BNPL installment plans on reports in early 2022. Equifax announced this month that payments on ”buy now, pay later” (BNPL) loans would be added to credit reports next year. The credit bureau is one of …

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Home Flipping is Getting More Competitive – and Less Profitable

Investments / By

Published by CNBC Real Estate | December 20, 2021 While home flips are rising and investors are expecting growing returns, the profits are falling. Fast-growing prices in the housing market, as well as low interest rates, are enticing more investors to buy homes, renovate them quickly and sell them for a profit. But while home …

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