The Consumer Financial Protection Bureau (CFPB) recently outlined options to ensure that computer models used to help determine home estimates are accurate and fair. The options will now be reviewed to determine their potential impact on small businesses. When underwriting ...
Read More »Renting More Affordable in Half of Largest Metros
In January, the monthly cost of buying was 24.8% higher than the cost of renting for consumers in 24 of the nation's 50 largest markets.
Read More »U.S. Home Prices Rise Nearly 20%
According to the Federal Housing Finance Agency House Price Index (FHFA), U.S. home prices rose 17.5% from Q4 of 2020 to Q4 of 2021. House prices were up 3.3% compared to Q3 of 2021. FHFA's seasonally adjusted monthly index for ...
Read More »Kansas Storm Victims to Receive Federal Aid
President Biden has issued a major disaster declaration for more than 50 counties following a streak of storms throughout the Great Plains region.
Read More »South and West Lead in Inbound Migration
Large-scale migration is shifting economic power and strength among the states, and thousands of consumers are looking to move their homes and businesses, according to a report from National Van Lines. Whether or not to “stay or go” is one ...
Read More »Mr. Cooper Group Elects Daniela Jorge to Board of Directors
Mr. Cooper Group Inc. announced today the appointment of Daniela Jorge to its board of directors. Jorge currently serves as VP and CDO at PayPal. Her additional role will be responsible for helping the corporation set broad goals, supporting executive ...
Read More »Markets Remain Depressed in Disadvantaged Communities
ATTOM released its Q4 2021 special report analyzing qualified low-income Opportunity Zones targeted by Congress, for economic redevelopment in the Tax Cuts and Jobs Act of 2017. The report found that median single-family home and condo prices rose from Q3 ...
Read More »HUD to Aid Victims of Hawaiian Storms
The Department will offer assistance to residents of Honolulu and Maui County after President Biden issued a major disaster declaration in mid-February.
Read More »Southern Migration Boosting Sales Prices
For the fifth straight month, the South witnessed the highest pace of appreciation, as existing-home sales jumped 9.3% in the region in January.
Read More »Natural Disasters in 2021 Sparked Nearly $60B in Damage
CoreLogic reports that 14.5 million homes, or nearly one in every 10 homes, in the U.S. was impacted by natural disasters over the past year.
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