At the close of Q1 2023, Homeowner Assistance Fund programs made roughly $3.7 billion in payments to more than 318,000 homeowners at risk of foreclosure–a 50% increase over Q4 2022.
Read More »Ginnie Mae Unveils New Loan-Level LMI Disclosures for USDA-RHS Loans
"These additional disclosures highlight a uniquely impactful portion of our business and enable investors to measure and potentially expand their impact across these communities," said Sam Valverde, Principal EVP of Ginnie Mae.
Read More »Podcast Spotlight: Unpacking the State of the Servicing Space
In a recent episode of SitusAMC's On the Hill podcast, host Tim Rood sat down with Five Star Institute Lifetime Achievement Award Wes Iseley of Carrington Holding Company to discuss his 40-year career, his role with Carrington, and his outlook for the housing industry.
Read More »Scarce Housing Inventory Ignites Bidding Wars
“The lack of supply is making it feel almost like 2021 all over again, but higher rates mean bidding wars are happening more in the $500,000 range than the $700,000 range because people can afford less,” said Redfin Agent Jeremy Lucas.
Read More »Investors Measure the Toll of Climate Change on Miami Property Values
New research from CoreLogic indicates that both large and small real estate investors are aware of risks of natural disasters in the red-hot Miami region, where annual storm surges continue to threaten human safety and properties.
Read More »Eastern and Midwestern Growth Spurs Q2 Migration Trends
Midwestern and Eastern regions of the nation boasting thriving economies and diverse industries are luring in more individuals and families looking to establish roots, according to Veros’ analysis of Q2 homebuyers.
Read More »Plugging Into an All-Digital Mortgage Process
An upcoming webinar presented by the Five Star Institute and DocMagic will focus on adopting an all-digital mortgage lending process while addressing concerns and building rapport with borrowers during the transition.
Read More »HUD Earmarks $3B-Plus to Combat Homelessness
HUD makes its largest-ever, single-year investment in fighting homelessness nationwide with its latest round of funding, awarded through the Department’s Continuum of Care Program.
Read More »Golden State Tops Destinations for Luxury Property Seekers
While the nation’s housing marketplace continues to experience instability, a new report from Point2 has found stability in the price, demand, sale, and inventory levels in luxury properties through the first half of 2023.
Read More »Fannie Mae Fostering Workforce Diversity
The latest Environmental, Social, and Governance Report from the GSE finds that racial or ethnic minorities comprised 58% of Fannie Mae’s workforce in 2022, with women comprising 44% of that group.
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