Find out how the numbers compared to highs from the Great Recession, and why one expert called the midsummer numbers "stunning."
Read More »‘Flurry of Lawsuits’ Challenge CDC Eviction Moratorium
When the White House made an announcement—by way of the Center for Disease Control and Prevention (CDC) and the Department of Health and Human Services (HHS)—that it would put a new conditional eviction ban in place, many housing-industry experts anticipated pushback from property owners. Then the court cases, ...
Read More »Data Determines ‘Best Political Mix’ for the U.S. Economy
In order to predict a political scenario that would most benefit the U.S. economy, the analysts at Wallet Hub dove deep into data. The researchers compared the condition of the economy under six different situations in which either Democrats or Republicans ...
Read More »Altisource Expands Operations
Altisource Portfolio Solutions S.A., an integrated service provider and marketplace for the real estate and mortgage industries, announced it has expanded its Texas-based operations center to better service financial institutions in the wake of an unprecedented surge of mortgage-related calls ...
Read More »AHP Servicing Appoints Next President, Tim Gillis
Chicago-based AHP Servicing, a nationwide servicer of high-touch residential mortgages, is pleased to announce the appointment of Tim Gillis as the organization’s next president. "We are thrilled to have Tim lead AHP Servicing's continued growth,” says Jorge Newbery, Founder and ...
Read More »CFPB Announces Advisory Committee Members
Consumer Financial Protection Bureau Director Kathleen L. Kraninger has announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These experts advise Bureau leadership ...
Read More »How Many Homeowners Are in ‘Strategic’ Forbearance Plans?
Forbearance data might not be as daunting as it looks at first blush. That is, according to an article by Bloomberg.com, which points to the Mortgage Bankers Association (MBA) data showing that, as of September 6, as many as 25% ...
Read More »Fannie Mae: Assistance Available to Owners of Disaster-Impacted Properties
Hurricane Delta made landfall as a Category 2 hurricane Friday night in southwest Louisiana, miles from where Hurricane Laura made landfall six weeks ago. Property data analysts at CoreLogic last week reported hundreds of thousands of homes at risk of storm ...
Read More »Latinx Homeownership Faces ‘Roadblocks’
Both lending inequities and limited household wealth have been holding Latinx homebuyers back since, at least, the Great Recession, according to a Zillow study published Monday. While roadblocks remain, the report indicates, "remarkable growth this half-decade has boosted the share ...
Read More »DS5: Single-Family Rental Investments Now and in 2021
This week's DS5 installment features Jeffrey Tesch, CEO of RCN Capital, who discussed single-family rental (SFR) investing now and in the year to come. He tells DS5 that prior to the COVID-19 crisis, the market for SFR investing already was ...
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