According to CoreLogic, the nation’s delinquency rate in the U.S. in January 2022 hit its lowest recorded point since at least January 1999, as found in its monthly Loan Performance Insights Report. In January of this year, 3.3% of all ...
Read More »HUD Announces New Staff Appointments
The U.S. Department of Housing and Urban Development (HUD) has announced new roles and additions to the HUD staff. A large pool of talented and diverse individuals join HUD ready to deliver results for Americans by addressing and tackling our ...
Read More »Single Women Are Being Priced Out of Major Cities
It’s no secret that home prices are rising in nearly every corner of the country, but what does that mean for certain marginalized demographics in their search for a home? Well, according to a new report, single, unmarried women are ...
Read More »Paying Down Debt or Making a Down Payment?
According to a new report from Redfin, roughly 32% of renters nationwide are doing so because they can’t afford to buy a home in the area they desire to live in — while 30% of renters are unable to save ...
Read More »“American Dream” More Likely Obtained by College Grads
According to new research from Point2, approximately 40% of American homeowners have at least a bachelor’s degree, while 30% have some college or an associate’s degree — settling the share of degree-holding homeowners at 70% nationwide. Though some 23% have ...
Read More »Survey: Three-in-Five Plan to Move in the Next Year
The housing market is currently in a tizzy—prices hit new records seemingly every day, while inventory sits near record lows. Even with the market in its current state, people still need places to live, and overwhelmingly, they found them. Knowing ...
Read More »Interest Wanes in Second Homes and Investment Properties
Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.
Read More »Mortgage Connect Finalizes Acquisition of ADFITECH
All-cash merger agreement will offer customers life-of-loan services, enhanced service levels, and tech solutions at every touch point of the mortgage process.
Read More »Single-Family Rental Summit Unites Investors, Stakeholders
On April 6-7, the Five Star Institute held its annual Single-Family Rental Summit at the historic Statler Hotel, deep in the heart of Downtown Dallas. The summit brought together industry executives, agents, and investors for a day full of panels, ...
Read More »Fannie Mae CEO Frater to Retire, Board Chair Bair Resigns
Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and will be replaced by ex-Wells Fargo head Michael Heid.
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