Citing the need to closely monitor foreclosure numbers after the Federal Foreclosure Moratorium expired in July, Black Knight has revealed a “first-look” at its data for September 2021. According to the preliminary release, the national delinquency rate fell to 3.91% in September, down 2.3% from August. This ...
Read More »Prospective Buyers Cite Down Payment, High Prices as Barriers
Buying a home is typically the largest purchase one makes in their lifetime and new data from Bank of America shows that the locations and feelings of family are a huge factor for first-time buyers looking to get into the market. According to ...
Read More »East Coast Properties More Likely to Suffer COVID-19 Woes
Chicago and New York City remain the most exposed to the potential impact of the pandemic, with housing markets in central and western regions less at-risk.
Read More »Roc360 Successfully Issues Three Securities Worth $200 Million
Roc Capital Holdings LLC (Roc360) has announced the closing of its first round of syndicated revolving securitization of residential transitional loans. Roc36, a digital platform for residential real estate and an originator of investor-level loans, acted as a sponsor through ...
Read More »How Much Impact Are Distressed Sales Having on Housing?
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the NAR, total existing home sales (which includes single-family homes, townhomes, condominiums, and co-ops) rose ...
Read More »First Mortgage Default Rates: September Update
Data from the S&P Dow Jones Indices and Experian examines the latest and compares mortgage default rates to those of bank cards and auto loans.
Read More »Home Sales, Median Price Slip in September
RE/MAX has released its National Housing Report for September 2021, which found that 2021 is starting to resemble a traditional year and mirroring seasonal norms as September home sales dropped 7.0% from August and the Median Sales Price slipped 1.1% to $329,000. Even with the seasonal cooling that is ...
Read More »Why Some Women View Homeownership as Unattainable
Single female heads of households were disproportionately affected by the pandemic, with many believing they will never be in a position to buy a home.
Read More »Black Knight Integrates With Househappy
Black Knight has announced that it has expanded its offerings to include home care from Househappy, an all-in-one application that enables homeowners to digitally track home maintenance information and schedule repairs and services from a list of pre-approved, vetted contractors. Househappy is being integrated into ...
Read More »Borrowers Still Want an In-Person Closing
As the housing market continues to adapt to unprecedented demand as digitization becomes the norm, 81% of borrowers still prefer an in-person closing over a digital one. This data comes from Solidifi U.S. Inc. (Solidifi), a network management services provider for the residential lending industry, who surveyed over 1,000 borrowers who refinanced ...
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