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While we await the release of the changes in the official conforming loan limits later today (many lenders and MI companies went to $750k in October, the CLL will probably increase around 6 percent for 2024 to around $770,000, and to $1,155,000 for high cost areas), both vendors and lenders continue with changes, instituting workweek reductions, furloughs, pay cuts, and layoffs due to overcapacity… Much different than a couple years ago when those same companies couldn’t hire people fast enough. Things rarely stay the same forever, whether it is in mortgage banking, shipping, or population. For example, there’s this: “Amazon Takes the Delivery Throne From UPS and FedEx.” Is Texas losing population? No, but here’s yet another example of a sensationalist headline that would make you think so: “People are leaving Texas over rising costs, partisan politics, and a sense of disenchantment.” Paging down a bit shows, “Over 494,000 ....
Here in the Milwaukee area (yes, the autumn colors are stellar), I attended a Newrez joint venture event and one of the conversation topics (besides lenders either saying “no mas” and exiting or being purchased, more below, or NAR’s legal events, more below) is the changing landscape of down payments and down payment assistance programs. STRATMOR’s current blog is titled, “Mind the Down Payment”. Despite high mortgage rates and low buyer demand, home prices are still at record highs in many parts of the country leading to higher down payments. LendingTree analyzed data from more than 580,000 users of our platform who lived in one of the nation’s 50 largest metropolitan areas. A down payment on a home across the nation’s 50 largest metros averages $84,499. While down payments vary significantly by location, no metro in this year’s study has an average of less than $47,900. California is home to the three metros where down pa ....
For anyone attending the California MBA’s Western Secondary starting this weekend, here’s a challenge too good for any tennis players to pass up. Augie Del Rio, CEO of Gallus Insights, and I will play doubles against anyone Sunday afternoon from 2-4PM across the street from the Waldorf. The loser of 2 out of 3 sets pays $500, the winner gets to decide the charity. First two to email Augie snags the opportunity. (I don’t know Augie’s skill level, but I am old… it’ll be like shooting fish in a barrel.) Speaking of the Western Secondary Market Conference, the California MBA uses the financial resources derived from this to support advocacy efforts in Sacramento. No “lobby rats!” If you’re going, sign up. Support the organization! (Today’s podcast can be found here and this week’s is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology and other services to the mor ....
IMDbPro Partners With Staff Me Up, Casting Calls America (EXCLUSIVE) Brent Lang, provided by FacebookTwitterEmail IMDbPro is making it easier for entertainment industry professionals to find their next gig. The subscription database has added thousands of cast and crew notices through Staff Me Up, a resource for finding production work, and Casting Calls America, a more regionally focused list of acting jobs. The company already has existing relationships with Casting Networks and Direct Submit (formerly NYCastings). IMDbPro says the new partnerships will enable it to offer one of the largest selections of cast and crew notices available. More from Variety ....
IMDbPro Adds Thousands of Cast and Crew Notices Through New Agreements With Staff Me Up, Casting Calls America and Crew Calls America By Staff 4 weeks ago IMDbPro Empowers Members with One of the Largest Selections of Cast and Crew Notices, Powerful Search and Filtering, and the Ability to Easily Find Work-From-Home Opportunities Staff Me Up, Casting Calls America and Crew Calls America Join Existing IMDbPro Cast and Crew Notice Providers LOS ANGELES–(BUSINESS WIRE)–IMDbPro (www.imdbpro.com), the essential resource for entertainment industry professionals, has added thousands of searchable cast and crew notices through Staff Me Up, Casting Calls America and Crew Calls America. With these new providers as well as notices posted directly on IMDbPro and existing relationships with Casting Networks and Direct Submit (formerly NYCastings), IMDbPro now offers one of the largest selections of cast and crew notices available anywhere. ....