Home / Author Archives: Krista Franks Brock (page 50)

Author Archives: Krista Franks Brock

Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia.

Trulia Economist Sees 2014 as ‘Year of the Repeat Homebuyer’

Trulia's chief economist Jed Kolko says while 2013 was the year of the investor, they should ease back from the purchase market somewhat, and 2014 will be the year of the repeat homebuyer as they pick up the slack. Other market changes to note in the new year, according to Kolko, include lower affordability, less frenzied homebuying, and a shift in the rental market from single-family homes to urban apartments.

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GSEs’ Portfolios Move in Opposite Directions

The nation's two largest mortgage financiers saw their numbers move in opposite directions during the month of November. Fannie Mae's book of business increased for the second month in a row (+0.1 percent), marking the fourth month of increases in 2013. Freddie Mac, on the other hand, reported an annualized decline of -2.0 percent. November makes five consecutive months of reduced activity for Freddie.

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Realtors’ Confidence in Market Tempered by Credit Access Concerns

Realtors expressed overall confidence in the market and seasonal gains in home sales numbers over the next six months, but they also expressed concerns over the regulatory environment and buyers' access to credit, according to the latest member survey conducted by the National Association of Realtors. The survey also polled members on buyers' credit scores, down payments, days-on-market, and failed transactions.

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