Mortgage debt’s share of total GDP experienced frequent growth culminating in the housing bubble peak and consequently, has been on a steep decline since the bubble burst. The good news is decline has been slowing in recent quarters.
Read More »Ready, Set, Bid! Competition Heats Up in June
In June 2016 the fastest, most competitive housing market was witnessed since 2009, according to a report from Redfin.
Read More »Clearing Foreclosure Backlog Shrinks Distressed Sales
Distressed sales represented 6 percent of home sales in June, but as foreclosures decline further and the economy improves, the distressed sales share will likely decline further in the coming year, according to one economist.
Read More »Freddie Mac Resumes Whole Loan Securities Risk-Sharing
Freddie Mac announced the pricing of its third “Freddie Mac Whole Loan Securities (WLS)”, which totaled to roughly $348 million of guaranteed senior and non-guaranteed subordinate actual loss securities.
Read More »CFPB: A Look Back at Five Years
On the fifth birthday of The Consumer Financial Protection Bureau, a reflection on the work they have accomplished as well as controversy surrounding the Bureau is important as the CFPB progresses forward into a new year.
Read More »Will New Reverse Mortgage Policies Reverse Concerns?
Reverse mortgages have the potential to become more popular as more households with insufficient income reach retirement.
Read More »HUD Reports Continued Progress For Housing Recovery
HUD’s latest housing scorecard, which examines housing recovery data, HUD’s programs performance, and areas for improvement, showed continued progress in the nation’s housing recovery for June
Read More »Chronos Solutions Hosts Webinar For Agents
Last week, Susan Speer of Chronos Solutions, hosted a webinar for agents.
Read More »Rosenberg & Associates Sees New Changes
Stephanie L. Duran recently joined the law firm of Rosenberg & Associates, LLC as an associate attorney and Teola T. Hawes was recently promoted to an associate attorney both for the firm’s Vienna, Virginia office, and the Bethesda, Maryland Office of Rosenberg & Associates, LLC has moved.
Read More »Clayton Holdings Creates New Option for ‘Fix and Flip’ Lending
Clayton Holdings LLC has developed an end-to-end underwriting, valuation and due diligence option for the “fix and flip” lending market, according to an announcement from the company.
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