Online real estate marketing platform, Hubzu, today announced it launched a new mobile app that will give residential real estate buyers on-the-go access to the power and functionality of the Hubzu platform, the company said. With this new app, Hubzu ...
Read More »Minority Households Disproportionately Feel Recession-Related Pain
Even after many months of housing-related policy intervention, including eviction and foreclosure bans at both state and federal levels, people and neighborhoods of color continue to suffer disproportionately from COVID-19 fallout—this is backed by a report from Urban Institute research ...
Read More »Fintech Vs. Traditional Lending Risks
Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in mortgage lending. Researchers have found fintech lenders tend to take ...
Read More »Red States/Blue States: Housing Data Reveals Key Differences
A record number of Americans have voted early in November's presidential election. Due to the heightened interest, researchers at Realtor.com are doing their part to help anticipate results. They pose the following questions, "Where do the deeply etched red-state/blue-state splits ...
Read More »First American Announces ServiceMac Acquisition
Santa Ana California-based First American Financial Corporation, global provider of title insurance, settlement services and risk solutions for real estate transactions, and mortgage subservicing company ServiceMac, LLC, announced today the signing of an agreement for First American’s acquisition of ServiceMac. ...
Read More »Forbearance Volumes Down From Peak
Numbers are heading in the right direction, researchers say, though COVID-19 continues to create “unique and unprecedented market conditions.”
Read More »DS5: How COVID-19 Challenges Are Prompting Innovation
In this week’s DS5: Inside the Industry, XOME’s CEO, Mike Rawls, shares his thoughts on what pandemic-related changes might be here to stay, and the role of innovative technology as borrowers begin to exit forbearance.
Read More »Stimulus Could Help Keep American Economy ‘Afloat’
A couple of articles published this week on Axios.com, a provider of technology, economy, and political news, take a lesser-seen optimistic approach to matters including a recent report about millions of Americans missing mortgage and rent payments and news about ...
Read More »Serious Delinquency Rate Improves for First Time Since March
This past September is the first month—since COVID-19 first began effecting the economy—to record a drop in the serious-delinquency (90+ days past due) rate, Black Knight reported Thursday. "The number of seriously delinquent mortgages (90+ days) fell by 43,000 in ...
Read More »Explaining September’s Existing-Home Sale Surge
Existing-home sales in September "soared," according to a report Thursday from National Association of Realtors (NAR). An existing home in September sold for a median price of $311,800, a 14.8% gain compared with September of last year. That's one takeaway ...
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