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Author Archives: David Wharton

Inventory and Affordability Taking a Toll on Home Sales

Existing-home sales dropped both month-over-month and year-over-year in January 2018, experiencing their largest annual decline in over three years, according to a report from the National Association of Realtors. NAR’s Existing-Home Sales calculations track “completed transactions that include single-family homes, ...

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First Mortgage Default Rates Hold Steady

Although they did see a small uptick as last year ended, first mortgage default rates remained flat year-over-year, according to the S&P/Experian Consumer Credit Default Indices covering data up through January. According to the S&P/Experian Consumer Credit Default Indices released ...

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How Many Interest Rate Hikes Inbound in 2018?

With the Federal Reserve now under the leadership of recently sworn-in new Fed Chair Jerome Powell, many are watching to see how he deals with the challenges of the current market, and how his responses and philosophy will differ from ...

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GSE Reform Impact on Communities

For 2018-2020, Freddie Mac and Fannie Mae have set a goal of 24 percent for the amount of mortgages they must purchase from low-income borrowers, defined as those earning less than 80 percent of the median income for a given ...

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More Communities Banning Plywood on Zombie Homes

Abandoned “zombie homes” are a problem in many communities, driving down property values, attracting crime, and often creating safety risks such as fire hazards. Communities battle zombie homes and related urban blight in a variety of ways, ranging from fast-track ...

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How Cryptocurrency Can Help Fund Affordable Housing

Digital

Communities across the nation are struggling to provide enough affordable housing for their residents, high home prices and low inventory ensuring strongly competitive markets in many corners of the U.S. According to the California Department of Housing and Community Development ...

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Which U.S. Cities are Embracing Reverse Mortgages?

California cities dominate the top 10 U.S. cities where reverse mortgages are most often used, according to a new study by LendingTree. California cities accounted for four of the top 10 slots in LendingTree’s report, but none of them managed ...

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Texas Communities to Receive $1 Billion from FEMA

flooding

Texas coastal communities are still rebuilding after the impact of Hurricane Harvey last year. But in addition to rebuilding what was damaged or destroyed, the affected communities must also look to the future and prepare for future storms. FEMA is ...

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Capsilon Taps Ginger Wilcox as SVP Marketing

Capsilon, a San Francisco-based partner for delivering cloud-based end-to-end digital mortgage solutions, has announced today that it has tapped Ginger Wilcox as SVP Marketing, where she will be responsible for leading marketing, brand positioning, and growth for all Capsilon products. A ...

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