Author Archives for Steve Viuker'

About Steve Viuker

Steve Viuker is a Brooklyn, New York business journalist. He has covered real estate, small business and banking for numerous national online and print media.

HELOC Bills To Increase

February 24, 2014 9:52 am Published by Leave your thoughts

  Borrowers who opened home-equity lines of credit at the height of the housing bubble should brace for stiff increases in their monthly payments. So said the N Y Times; citing a report from Moody’s Investors Service that rang alarm bells for banks. HELOC payment shock remains a credit risk for US regional banks- said... View Article

Flood Insurance Increase Delayed

February 7, 2014 10:00 am Published by Leave your thoughts

Flood Insurance Increase Delayed by Steve Viuker U.S. homeowners with properties in flood zones gained major traction in their fight to impose a four-year delay on federal flood insurance premium hikes. The Senate passed its own version of a bill that aims to stall provisions of the Biggert-Waters Flood Insurance Reform Act of 2012. The... View Article

Broker Tips for Home Buying

February 3, 2014 10:56 am Published by Leave your thoughts

Broker Tips for Home Buying by Steve Viuker Buying a house is like playing in the Super Bowl. It’s take strategy and keeping track of the details to come out a winner. Maggie Keats is a licensed real estate broker with Douglas Elliman Real Estate in Long Island community of Port Washington. She deals with every... View Article

The Future of Energy Efficient Housing

January 22, 2014 10:13 am Published by Leave your thoughts

The Future of Energy Efficient Housing by Steve Viuker   As another Alberta Clipper rocks the mid and northern U S, energy use must be on the front burner. The energy use associated with our homes accounts for 21% of our nation’s overall energy consumption. A Boston-based startup, WegoWise, has developed a web-based tool to help... View Article

Jumbo Trouble Looms for Well-To-Do

January 17, 2014 10:17 am Published by Leave your thoughts

  Jumbo Trouble Looms for Well-To-Do by Steve Viuker   Private jumbo mortgages could soon become harder and more costly to get. So said the Wall Street Journal and other reports. In response to the housing crisis, the Consumer Financial Protection Bureau, acting under the Dodd-Frank financial reform bill, now requires the majority of mortgages to be “qualified” by... View Article

Philly Loves Land Banks

January 10, 2014 2:45 pm Published by Leave your thoughts

Philly Loves Land Banks by Steve Viuker The city of Brotherly Love hopes some love on its distressed properties will be money in the bank. The New York Times reports the city is creating a land bank. An estimated 40,000 vacant, derelict or underused buildings and lots — both publicly and privately owned — are... View Article

The Bubble Is Back

January 9, 2014 12:49 pm Published by Leave your thoughts

  The Bubble Is Back by Steve Viuker    The recent confirmation of Mel Watt as director of Federal Housing Finance Agency (the agency that oversees both Fannie Mae and Freddie Mac) was greeted with optimism by many in the real estate industry; including such powerful trade organizations as the National Association of Realtors and “left... View Article

Fannie Mae Fee Increases to Be Delayed

January 3, 2014 10:37 am Published by Leave your thoughts

  Fannie Mae Fee Increases to Be Delayed    Mel Watt, who is scheduled to be sworn in as director of the Federal Housing Finance Agency on Jan. 6,  said he will delay a planned increase in the fees the U.S.-owned companies charge to guarantee mortgages. The announcement by Watt follows complaints by mortgage bankers and other... View Article