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Author Archives: Aly J. Yale

Aly J. Yale is a freelance writer and editor based in Fort Worth, Texas. She has worked for various newspapers, magazines, and publications across the nation, including The Dallas Morning News and Addison Magazine. She has also worked with both the Five Star Institute and REO Red Book, as well as various other mortgage industry clients on content strategy, blogging, marketing, and more.

Affordability Dips Year-Over-Year

Real house prices have jumped significantly over the past year, rising more than 8 percent since January 2016. According to First American, these pricing jumps coupled with low inventory spell a seller’s market for spring. “Despite the monthly increase in affordability and continued strong wage growth, homes are less affordable across the country compared to a year ago,” said First American Chief Economist Mark Fleming.

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SPS Comes in No. 1 for RMBS

The latest Fitch Servicer Handbook ranks Select Portfolio Servicing No. 1 in the nation’s non-agency RMBS market, bumping Ocwen and Nationstar down to No. 2 and 3, respectively. Fitch called SPS a “notable anomaly” in the market.

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Americans Flock to Warmer ‘Burbs

Analyses of new Census data show populations are shifting out of the big cities and the Rust Belt and into the Sun Belt suburbs. According to the data, the fastest population growth in the last 30 years has been in Arizona, California, Colorado, Florida, Georgia, Nevada, North Carolina, South Carolina, and Texas. Detroit saw the largest decrease in population with a drop of nearly 20 percent.

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New Jersey, Blue States Have Most Property Taxes

New Jersey residents pay the most property taxes in the nation, according to a report released by WalletHub this morning. The 2017 Property Taxes by State Report revealed that New Jersey ($4,189 on a $179,000 home), Illinois ($4,105), New Hampshire ...

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CFPB Mortgage Complaints Hold Steady

According to the CFPB’s recent monthly report, mortgage-related complaints are stagnant—though they’re still one of the most complained-about financial products in the country.

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