• Have Forbearances ‘Reached a Floor?’

    The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types. ... READ MORE

  • Accountability for Equifax

    Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), has vowed to hold credit bureau Equifax accountable for repeated slights against American Consumers in an open letter published Aug. 10.  The letter follows recent news that Equifax sent inaccurate credit score... READ MORE

  • California Leads in Least Affordable Housing Markets

    Rising mortgage rates, high inflation, low existing inventory, and elevated home prices contributed to housing affordability falling to its lowest point since the Great Recession in Q2 of 2022. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI),... READ MORE

  • HUD Declares $10M in Funding for Building Grants

    The U.S. Department of Housing and Urban Development (HUD) has announced that it will make $10 million available in Rural Capacity Building grants. The Rural Capacity Building (RCB) program enhances the capacity and ability of rural housing development organizations, Community Development Corporatio... READ MORE

  • United Van Lines Moving

    Record Number of People Considering Migrating Between Cities

    According to Redfin data from 2 million users, the share of homeseekers looking to relocate took a big jump in July amid an environment of rising rates as buyers look to more affordable areas where deals can still be had.  Before the pandemic, roughly 26% of Redfins users searched for properties out... READ MORE