Despite a recent climb in Black homeownership rates, new data reveals that areas of inequality remain. Click through to learn more.
Read More »Household Debt Decrease Reflects Pandemic-Related Spending Decline
Total household debt decreased for the first time since 2014 in Q2, including the steepest decline in credit card balances seen in the history of the data. In its Quarterly Report on Household Debt and Credit, The Federal Reserve Bank of ...
Read More »Carson Announces HUD Will Resume Physical Inspections
Physical Real Estate Assessment Center inspections of HUD properties and units will pick up again next month, under strict safety protocols.
Read More »Quicken Loans IPO Trading Starts Low
The real estate, mortgage, and financial services company debuted on New York Stock Exchange, but the road to raise its target $1.8 billion may be longer than anticipated.
Read More »Demographic Impacts on Housing, Economic Security
Even though older adults reportedly are more vulnerable to the coronavirus and related physical effects, American households headed by this population seem to be more insulated from pandemic-related economic pains.
Read More »Big Four U.S. Banks Report Widespread Loan Deferral
As homeowners and other borrowers seek debt relief during the coronavirus pandemic, America’s four largest banks report at least $151.5 billion in loans with payments in deferral at midyear.
Read More »Industry Experts Discuss CWCOT Changes
Click through to listen to a complimentary webinar breaking down the operational benefits and implications stemming from HUD’s recent mortgagee letter.
Read More »How Much Will Foreclosures Surge in the Months Ahead?
As Congress remains deadlocked on latest coronavirus relief package, a new study anticipates worst-, middle-, and best-case outcomes for foreclosure rates.
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