After half a decade from the bottom of the housing bust, the U.S. homeownership rate still remains stuck at a current 50-year low. According to a recent report from Zillow, some attribute the low homeownership rate to more Americans delaying ...
Read More »DS News Webcast: Wednesday 8/10/2016
Metro areas that experienced more foreclosures during the housing bust have seen a larger increase in the share of single-family homes that are rented, according to a recent report from Zillow. The increase in the share of single-family homes that ...
Read More »DS News Webcast: Tuesday 8/9/2016
The June 2016 Equifax National Consumer Credit Trends Report analyzed data from over 220 million consumers, and found the first mortgage write-off rate in the U.S. to be 3.3 basis points of outstanding balances, while the total number of first ...
Read More »DS News Webcast: Monday 8/8/2016
Economists and analysts widely praised July’s Employment Situation from the Bureau of Labor Statistics released Friday, not just for the headline number, but also for the majority of the data contained within. Payrolls added 255 thousand jobs added in July, ...
Read More »DS News Webcast: Thursday 8/4/2016
Despite recent chatter about whether certain markets are entering housing bubble territory again, Realtor.com reports that though price appreciation is a concern, in regards to other contributing factors to housing bubbles, these potentially risky cities are far from facing a ...
Read More »Regulators Want Institutions to Self-Assess Diversity Practices
In order to maximize transparency, the agencies are strongly encouraging the financial institutions to disclose diversity policies and practices on their websites, and also include information related to their self-assessments.
Read More »DS News Webcast: Wednesday 8/2/2016
Nationwide bankruptcy filings were about 14 percent lower in July 2016 compared with a year earlier, continuing an ongoing trend of decline, according to July 2016 AACER bankruptcy data reported by Epiq Systems. Bankruptcy filings totaled 61 thousand 308 in ...
Read More »DS News Webcast: Monday 8/2/2016
Housing counseling as a resource to reduce the need for loan modification and foreclosures has been shown to be very beneficial since the housing crisis, but according to the Urban Institute, though it’s proven itself to be helpful, there is ...
Read More »DS News Webcast: Thursday 7/28/2016
Cash sales fell 2.8 percentage points in April 2016 from the previous year and accounted for 31.6 percent of total home sales, according to a recent data release from CoreLogic. The data brief showed that on a month-over-month basis, the ...
Read More »DS News Webcast: Wednesday 7/27/2016
As summer continues to heat up so do the nation’s top single-family housing markets, each demonstrating consistently strong demand, home price appreciation, and economic and demographic growth, according to a recent report from Ten-X. The report lists the 50 largest ...
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