Falling behind in payments doesn’t have to mean a borrower is doomed to lose their home. Lenders and servicers are often willing to work with the borrower to find options that allow the borrower to remain in their home while ...
Read More »The Hidden Costs of Selling a Home
According to a new study by Zillow and Thumbtack.com, U.S. homeowners are spending an average of nearly $20,000 to sell their homes in 2018. The exact total is $18,342, according to Zillow and Thumbtack’s 2018 Hidden Costs of Selling analysis, ...
Read More »HARP Loans Continue Outperforming Pre-Crisis Mortgages
According to a new report by Moody’s Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis ...
Read More »Clarifying Contested Foreclosures After Bankruptcy
Florida Governor Rick Scott recently signed off on Senate Bill 220, a new law addressing the property rights of defendants pertaining to bankruptcy and foreclosure proceedings. DS News spoke to representatives from several Florida-based Legal League 100 law firms to ...
Read More »Offsetting Housing and Environmental Stresses as Cities Expand
Between 2000 and 2010, the U.S. Department of Agriculture (USDA) Forest Service reports that urban land use in the United States increased from 2.6 percent of the overall land surface to 3 percent. That might not sound like much, but ...
Read More »Low-Income Rental Housing Shortages Happening Nationwide
The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The ...
Read More »FHFA Examines the Appraisals Process
The FHFA has released a new paper, authored by Jessica Shui and Shriya Murthy, that examines how appraisals conducted by appraisal management companies compare to those conducted by lenders themselves. What’s the verdict? According to the FHFA paper, “the results indicate ...
Read More »Millennials Spend Nearly $100,000 on Rent by Age 30
Forty-five percent. That’s the percentage of an average millennial’s income that they’ll spend on rent between the ages of 22 and 30, according to a new study by RENTCafé. That definitely sounds like a lot—as does the $92,600 total amount ...
Read More »Fannie Mae Recognized as Largest Issuer of Green Bonds
The Climate Bond Initiative, as part of the Third Annual Green Bond Pioneer Awards, recognized Fannie Mae as the 2017 Largest Issuer of Green Bonds in the world. The awards are a globally recognized symbol of innovation and achievement in green ...
Read More »Housing and Technology Converge for Five Star Fintech Summit
With the 2018 Five Star Single-Family Rental Summit wrapping up on Wednesday afternoon, the next big Five Star event followed close on its heels—the inaugural Five Star Fintech Summit. Convening inside the Renaissance Nashville Hotel in Nashville, Tennessee, the first ...
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