Mortgage interest rates have remained stubbornly high in recent weeks, well after the summertime busy season moving into the tamer fall season.
Read More »August Data Finds Inventory, Home Prices Up
A snapshot of August’s existing-home sales data revealed that available months of inventory increased to 3.3 while median sales prices topped $407,000.
Read More »Fed Forgoes September Rate Hike
The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their September meeting, a repeat of the action the committee last took in June after hiking rates in July.
Read More »Mortgage Industry Experts Focus on Property Preservation at Five Star Conference
Managers, owners, and agents alike met to discuss and inform attendees on the ins and outs of property preservation in today’s changing market at the 20th Five Star Conference & Expo in Dallas.
Read More »FORCE Rally 2023: The Who’s Who of REO Agents
The annual gathering of the Federation of REO Certified Agents took place at the 20th Five Star Conference and Expo, exploring everything REO, including data-backed insights from Fannie Mae and a series of informative panels. As Rick Sharga, President & CEO of CJ Patrick Company put it, "If you want to stay ahead in the distressed/default industry, you need to keep moving upstream."
Read More »Ginnie Mae Announces Social Bonds to Promote Broader Access
Ginne Mae has announced the launch of a “social bonds” label for single-family forward mortgage-backed securities supporting its mission-oriented work and spotlighting positive social impacts of its financing framework.
Read More »New Jersey, Illinois Have Largest Concentration of At-Risk Markets
According to ATTOM Data’s newest Special Housing Impact Report, it found that New Jersey and Ilinois had the highest concentrations of the most-at-risk markets in the country.
Read More »Aspen Grove Names New CEO
Mike McAuliffe has been named CEO of Aspen Grove, succeeding Founder and CEO Seán Ryan, who willl now take over the role of Executive Chair.
Read More »HUD Funds $18M in Grants Towards Green Programs
The Department of Housing and Urban Development has funded an initial $18 million in grants to support energy efficiency and climate resilience in multifamily assisted housing properties as part of the Administration’s “Investing in America” agenda.
Read More »Breaking Down August Foreclosure Filing Report Data
August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.
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