Month: March 2016
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SUCCESSFUL WOMEN LEADERS
Today is the last day of women’s history month and as significant as the support and awareness of women has been these past 31 days, it is important to maintain this solidarity the rest of the year. In the professional arena, women entrepreneurs are reaching historic achievements. Women are starting 1,100 new businesses every day…
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FUTURISTIC CENTRAL PARK
The future of technology and design is a topic always at the helm of modern discussions. How will the next model of that luxurious car look? When will we see in real life the technology we’ve long observed in films? Essentially, how will the things we know and see everyday change next? We are surely—at…
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THE STATE OF WOMEN-OWNED BUSINESSES
At the beginning of 2016, the National Women’s Business Council (NWBC) released the 2015 annual report detailing the current state and progress of women-owned businesses in the U.S. The report identified several breakthroughs for women entrepreneurs, among them the fact that there are 10 million women-owned businesses in the country, these firms employ 8 million…
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PREVENTING HOME FORECLOSURES
Today, the Federal Housing Finance Agency (FHFA) issued a release reporting that Fannie Mae and Freddie Mac (the Enterprises) accomplished a total of 47,769 foreclosure prevention actions in the fourth quarter of 2015. This increases the number of foreclosure prevention actions to more than 3.6 million since the introduction of the conservatorships in 2008. The…
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Wells Fargo
Wells Fargo’s Brigitte Killings,Vice President, Divisional Diverse, Segments Manager of Atlanta
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HISPANIC HOMEOWNERSHIP CONTINUES UPWARD TRAJECTORY
The National Association of Hispanic Real Estate Professionals (NAHREP) and the Hispanic Wealth Project recently released the2015 State of Hispanic Homeownership Report revealing that while the national homeownership rate dwindles, Hispanic homeownership continues its rise. The report reveals that homeownership among Hispanics outpaces that of all other demographics, achieving a net gain of 245,000 owner…
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REDUCED MORTGAGE BALANCES
For the first time since the housing bubble, Fannie Mae and Freddie Mac (the Enterprises) may soon begin reducing mortgage balances for homeowners. According to an article from the Wall Street Journal (WSJ), the Federal Housing Finance Agency (FHFA) has approved a plan for the Enterprises to reduce the mortgage balances of strained borrowers. This…
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SLEEP DEPRIVATION AND ITS EFFECTS ON YOU
A recent survey reveals that over half of American workers feel they are significantly affected by a lack of sleep, a phenomenon that may only worsen with daylight savings time taking effect this past weekend. The study was conducted online on behalf of CareerBuilder by Harris Poll and surveyed over 3,200 employees ages 18 and…
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Director Defends CFPB
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray appeared before the House Financial Services Committee yesterday for the first time since September of last year, to provide a semi-annual update on behalf of the agency. In the much-anticipated hearing, Cordray stood by CFPB decisions and was, as expected, flooded with criticisms.
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Getting Creative with Homebuying
Amid the checklist of prospective homebuyers, you’ll find things like saving for a down payment, obtaining a mortgage, desired characteristics for their future neighborhood; one worry current buyers may not be aware about is low inventory. In a market where home prices are appreciating, the harsh reality that after saving for a home you may…