The issue is disproportionately magnified for Black and Latinx Americans, according to studies.
Read More »Winter Storms Contribute to Dearth of Housing Inventory
Last month's record cold "likely caused sellers to hit pause, even if only temporarily," analysts say, but, "in today's inventory-starved market, any setback is significant."
Read More »CFPB Proposes Extending Mandatory Compliance Date for QM Loans
Consumer Financial Protection Bureau administrators say an extension may help ensure stability and access to affordable, responsible credit in the mortgage market.
Read More »Metros With the Highest Credit Scores
Credit health is key when it comes to achieving homeownership, and while it isn't the only indicator, a credit score is an effective barometer—this study ranks 2,500 cities by score.
Read More »Single Women’s Increasing Impact on the Housing Market
Women who could afford homes before the pandemic likely can still afford a home, and low mortgage rates have been incentivizing them to take the plunge, economists say.
Read More »Forbearance Activity Up for the First Time in Weeks
The largest rise was for portfolio and private label securities loans, due to increases in both Ginnie Mae buyouts and other PLS loans.
Read More »Who is Benefitting Most From the COVID-19 Deferral Program?
Researchers look at data surrounding the most-traveled path out of mortgage forbearance.
Read More »Millions of Families Could Face Housing Insecurity in 2021
In light of this CFPB report, consumer advocates say the government must act quickly in order to avoid widespread devastation.
Read More »Money Management: Who Does It Best?
Researchers examined average credit scores, mortgage-payment delinquencies, mortgage debt to income ratio, foreclosure rates, and more to determine cities with the most financially astute residents.
Read More »The Week Ahead: CFPB Senate Confirmation Hearing
President Joe Biden’s nominee to lead the Consumer Financial Protection Bureau will face a Senate confirmation hearing this coming week. Here’s what else is happening in The Week Ahead.
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