• August 31, 2020 10:42 AM | San Diego Realtist for Democracy in Housing (Administrator)

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    The CBCF Annual Legislative Conference (ALC) is the leading policy conference on issues impacting African Americans and the global Black community.

    This year will be the first-ever all virtual conference. Thought leaders, legislators and concerned citizens will engage in discussions on economic development, civil and social justice, public health and education issues. Join subject-matter experts, industry leaders, elected officials and citizen activists to explore today's issues and solutions from an African American perspective.

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  • August 27, 2020 3:04 PM | San Diego Realtist for Democracy in Housing (Administrator)
    DU with space - Daily Update Logo
    Adverse-market fee was a “shock,” mortgage brokers say

     

    Matt Rasetta, the owner of Superior Rate Mortgage of New England, was sitting on his couch at 11:30 p.m. on Aug. 12, a Wednesday night, watching TV when he got a text from one of his loan officers alerting him to the news of the new adverse-market fee.

    Realtor.com now discloses flood risks – Here's why its competitors won't

     

    Realtor.com will display flood score data across its 110 million listings this week. But don't expect Zillow or Redfin to follow suit.

         
    What technology are lenders implementing to reduce origination costs?

    Discover the key tools lenders are utilizing. Learn the solutions and strategies lenders are executing to mitigate origination costs. Read more here.

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  • August 27, 2020 2:59 PM | San Diego Realtist for Democracy in Housing (Administrator)
     

    CAREB Statement On The 
    Current State of Unrest Throughout The Nation
    Date: June 6, 2020  


    These are dark and difficult days. In the midst of a global pandemic, unprecedented in our lifetimes, we are witnessing again the all too common horror of police brutality and racist attacks against Black Americans. The killings of George Floyd, Ahmaud Arbery, Breonna Taylor, like so many before them, send the false and racist message that Black lives do not matter.

    The blatant, horrific racism in action around us has shaken us to the core. Countless lives have been taken senselessly. We feel that deeply and we know our black communities are hurting.  The California Association of Realtist® say, Enough is Enough. The systemic mistreatment of the black community MUST END. Black Lives Do Matter.

     Racism will continue to plague our country—infecting and killing people—until we all acknowledge that racism is a public health crisis in America

    Now is the time for all those who deplore the despicable and diabolical treatment against a race of human beings solely due to the color of their skin, to speak out in the name of human dignity, justice and equality for All.  More than ever, every American, regardless of race, gender, faith, sexual orientation, or gender identification, must come together to right these wrongs. Now is not a time to remain silent. 

    We as an organization that mere existence is predicated on the premise of advocating for Democracy must stand together to:

    ·         Educate ourselves and our community on the National, State and Local political issues that affect our lives

    ·         Empower ourselves by show up in numbers to the voting polls and exercise this right that so many of our ancestors fought and died for as well as running for political positions. Let’s make an impact by becoming the Rule Makers.  

    ·         Mobilize in solidarity with other like-minded individuals and organizations to come up with solid solutions to finally rid Our Nation of this cancer that is continuously decay its moral fiber. Change starts from within. Lives depend on it. Our community and our future depend on it.

    Sincerely,

    Monica Hill


    President of The California Association of Real Estate Brokers


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  • August 26, 2020 3:02 PM | San Diego Realtist for Democracy in Housing (Administrator)

    Newsline. Leading the way in Real Estate News.

    Ready to Help: C.A.R. Disaster Relief Fund

     

    Housing assistance grants are available to those who have lost their home due to wildfires.  Thanks to generous contributions from C.A.R., state and local REALTOR® associations and other contributors, grants are available for REALTORS®, employees of REALTORS® and association staff directly affected by the fires.  Please help us continue our efforts by making a tax-deductible contribution to the CALIFORNIA ASSOCIATION OF REALTORS'® Disaster Relief Fund.

    read more

    SBA to Offering Assistance to California Businesses Residents Affected by Wildfires

     

    In consideration of the public health concerns due to the coronavirus pandemic, the Small Business Administration has established a Virtual Business Recovery Center to provide personalized assistance to business owners. In addition, SBA will also open a Virtual Disaster Loan Outreach Center to help homeowners and renters.

    These services are only available for the California disaster declaration as a result of the wildfires that began Aug. 14, 2020, and not for COVID-19 related assistance.

    read more

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    Realtor.com Helps Homebuyers Understand A Property’s Flood Risk

     

    To help consumers better understand flood risk and take necessary precautions, realtor.com now includes flood risk information on for-sale and off-market properties. Properties now display a Flood Factor™ from First Street Foundation, a nonprofit research and technology group, which is a score between one and 10 that represents its cumulative risk of flooding over a 30-year mortgage. Properties also display their FEMA Flood Zone, providing realtor.com® users with a comprehensive understanding of their flood risk.

    read more

    [FREE WEBINAR]  HOW MILLIONAIRE AGENTS EARN MORE & WORK LESS ... EVEN IN A BAD MARKET

    Proven strategies to skyrocket your production while working less hours. For serious agents looking for massive growth. >>  MORE INFO OR REGISTER HERE

    Update on Coronavirus Market Impacts

     

    Buyer demand remains the bright spot in the housing market as low interest rates and a slowly healing economy combines with greater flexibility on where to live and the renewed importance of housing to strain a limited supply of homes. However, that dearth of inventory is expected to begin to weigh more heavily on closed transactions as we enter the winter and lead to a greater erosion in housing affordability that will prevent many would-be homeowners from taking advantage of historically low interest rates. As such, it is important to remind sellers about conditions on the ground to generate an increase in much-needed listings: prices are rising, homes are selling fast, and they’re near full asking price.

    read more

    All California REALTORS® are meeting up online in October.

    What about you?

    Teamwork Makes the Dreamwork Event Recording Now Available

     

    If you missed yesterday’s teams panel with three top-producing team leaders, you’re in luck because the recording is now available for you to watch on demand. Whether you’re leading a team, on a team or considering joining a team, there are key takeaways for you and your business.

    read more

    Quickly Get Inspection Repair Cost Estimates

     

    Clearing the inspection contingency can be a time-consuming task for agents. Porch, the newest partner to join C.A.R. Business Products, helps agents obtain accurate cost estimates for every home inspection report defect within 1-2 days using the Repair Estimate Report. Agents who use this service report they are closing faster and avoiding lengthy wait times for quotes. Take control of your clients’ inspection reports save 20% for being a C.A.R. member.

    read more

    C.A.R. Statement on Delay of New FHFHA Refinance Fee

     

    C.A.R. issued a statement regarding the Federal Housing Finance Agency’s (FHFA) announcement to delay the implementation of a new fee on the loan amount for the majority of Fannie Mae and Freddie Mac refinance loans.

    The FHFA planned to implement a new 0.5% fee on the loan amount for the majority of Fannie Mae and Freddie Mac refinance loans.


    read more


  • August 26, 2020 2:58 PM | San Diego Realtist for Democracy in Housing (Administrator)
    California Association of Real Estate Brokers just announced a new event and we wanted to make sure you were the first to know!
     
    CAREB 65th Anniversary Virtual Conference "Be The Change"
     
     

    CAREB 65th Anniversary Virtual Conference "Be The Change"

     
    Tuesday, October 20, 2020 at 8:00 AM
     

    Get Tickets

     
     
     
     
    Here are other upcoming events from this organizer
     
    Fri, Aug 28 at 10:00 AM
    CAREB Legislative Townhall (Virtual Event)


  • August 26, 2020 2:57 PM | San Diego Realtist for Democracy in Housing (Administrator)

    CAREB 65th Annual Virtual Conference: Be The Change

    Date: Wednesday, August 26, 2020

    Time: 9:00 AM PT

    Click the button below to join the meeting!

    JOIN THE MEETING

    We welcome you to go to our website and join this historic organization that advocates for democracy and housing.. www.consolidatedboardofrealtist.com


    Membership 2nd VP, Anna Tutt

    Click the link below to join:

    https://cbor.wildapricot.org/widget/join-us


  • August 25, 2020 2:56 PM | San Diego Realtist for Democracy in Housing (Administrator)
    DU with space - Daily Update Logo

    Dear readers —

     

    On Saturday the Wall Street Journal reported (and our sources confirmed) that the FHFA was speaking with industry trade groups about potentially delaying the LLPA fee on refinance loans, which had been set to launch Sept. 1. On background, several people said it was an extremely fluid situation, but they expected something to happen.

     

    Today we saw the fruit of those discussions, as the FHFA announced it was not only delaying the start date to Dec. 1, but also exempting refinance loans with loan balances below $125,000. Read all about it in our coverage here.

     

    Until tomorrow —

     

    Sarah Wheeler

    HousingWire Editor in Chief

         
    FHFA delays refinance fee start date to Dec. 1

     

    The Federal Housing Finance Agency announced Tuesday it is extending the date it will begin implementing its adverse market refinance fee to Dec. 1.

     

    Will the U.S. face another recession?

     

    HousingWire covers a survey that indicates the nation’s economists now believe America is likely to experience a double dip recession.

    Listen now
         
    Understanding Appraisal Flexibilities During COVID-19

    Policy changes have been put in place by the FHFA, Fannie Mae, Freddie Mac, and other entities to allow lending to continue safely during COVID-19. Learn what is now allowed for appraisals, and what tools are available to gain additional information on the interior of a home. Learn more!

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    Mortgage lending will beat 2019 by $1 trillion, Fannie says

     

    Mortgage lending this year likely will total $3.4 trillion, about $1 trillion higher than 2019, as low rates boost refinancings, Fannie Mae said in a forecast.

     

    Introducing Fannie Mae COVID-19 Payment Deferral

    Homeowners with a resolved hardship related to COVID-19 have options. Fannie Mae’s COVID-19 payment deferral allows eligible homeowners to resume regular monthly mortgage payments, deferring the missed amount to loan maturity(earlier if the home is sold or the loan is refinanced or paid off). Learn more!

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  • August 25, 2020 2:55 PM | San Diego Realtist for Democracy in Housing (Administrator)
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    The Housing Credit Connected On-Demand Package Is a Must

    Learn More

    Did you miss the live event or a particular session? You can access that valuable content with an On Demand package ― more than 10 hours of session recordings, available at your fingertips and convenience. Hear from senior IRS and HUD officials, state agency staff, and industry leaders on COVID-19’s impact on Housing Credit investment, development, compliance, and policy.

    Questions? Contact registration@ncsha.org.

    Attendee feedback about Housing Credit Connected 2020 was overwhelming positive.

    “It was great to hear how other agencies are handling compliance during the pandemic.”

    “Sessions were short and quick hitting.”

    “The balance of hearing from states and hearing from other industry professionals ensured a wide range of perspectives.”

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