Tag: Community

How Long Will Rates be so Low?

Featured in REI-Inks Magazine On March 15, 2020, in the wake of the corona virus pandemic, the Federal Reserve cut the Fed funds rate to 0.25%. This reflects the rate at which commercial banks lend reserves to each other overnight, on an uncollateralized basis. The Fed’s goal is to encourage growth and spending. As the […]

Real Estates Short Hot Summer

Featured in REI-Inks Magazine Spring is a home-buying season. However, the 2020 season had a false start. 2020 started with new and existing home sales at a 12-year high. In late February to early March, mortgage applications were up, and the market looked optimistic. Then COVID-19 hit, and the U.S. sheltered in place. Open houses […]

NTC’s Hillman Recognized as Industry Thought Leader

PROGRESS in Lending has awarded CEO John Hillman a 2020 Thought Leader Award (Palm Harbor, FL) June 23, 2020 – Nationwide Title Clearing, Inc. (NTC), the leading post-closing service provider for the nation’s largest financial institutions, investors, servicers, and custodians, announced today that company CEO John Hillman had been recognized by the PROGRESS in Lending […]