A new bill proposed in the Arizona Senate this week could speed up the timeline for when homeowners associations (HOA) could foreclose on homeowners who become delinquent in their HOA payments. Senate Bill 1080, proposed by Sen. John Kavanagh (R-Fountain ...
Read More »New York City Foreclosed Homes Hit 8-Year High
A report on the state of foreclosures in New York City and Q42017 reflected ongoing trends towards rising foreclosures in the city.
Read More »How Could Housing Reform Affect Rural Mortgage Lending?
According to a new paper published by the Center on Regulation and Markets at the Brookings Institution, rural communities could be dealt a serious blow if housing finance and GSE reform fails to take into account the effect such reform ...
Read More »First-Time Homebuyers Could Face Increased Default Risks in 2018
The American Enterprise Institute’s (AEI) International Center on Housing Risk has released a new installment of its National Housing Market Index (NHMI), examining the state of the market in the second half of 2017 and where it’s likely to go ...
Read More »Cold Weather Means Rental Market Bargains for Investors
For investors looking to find bargains in the single-family rental (SFR) market, winter is here … and that’s a good thing. According to a study by HomeUnion, an online real estate investment and management firm, the off-peak winter period can ...
Read More »Mortgage Delinquencies Begin to Recover from Hurricane Season
Even though last year’s hurricane season is behind us, the aftermath from 2017’s damaging storms continues to be felt both on the ground where the storms made landfall and throughout the housing and mortgage industry still dealing from the fallout ...
Read More »Smaller Banks Picked up RMBS Slack in Q3
The third quarter of 2017 saw many of the larger bank servicers scaling back their portfolios of residential mortgage-backed securities (RMBS), while smaller regional banks and non-bank servicers moved to seize the opportunity, as reported by Fitch Ratings’ latest RMBS ...
Read More »Quicken Loans: Homeowners and Appraisers Sync Up
Estimates about home values among homeowners and appraisers were considerably closer to lining up during the final month of 2017, according to new data released by Quicken Loans. According to the National Quicken Loans Home Price Perception Index (HPPI), home ...
Read More »CFPB’s Laurie Maggiano: Looking Back at an Industry Icon
Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the Consumer Financial Protection Bureau (CFPB). Having served more than four years at ...
Read More »Powell Was Hesitant About Fed MBS Purchases in 2012
Transcripts released by the Fed provided insight into the man due to take over as Fed chair in 2018, assuming he receives Senate confirmation. The Fed published meeting transcripts from 2012 last week, continuing their policy of releasing such transcripts ...
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