Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and rising interest rates. While these properties do require buyers to put in ...

In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the life of the loan. 

ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure filing against it.  Default notices, scheduled auctions, and bank repossessions ...

CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022.  According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting all loans that were in some stage of delinquency. This ...

The Chairman of the House Financial Services Committee, Maxine Watters, has authored a public letter with the backing of 76 of her Democratic colleagues in the House of Representatives, the Board of Governors of the Federal Reserve, the FDIC, and ...

Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 4.0% last month representing 30,848 filings of all types, ...

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in June to 62.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% (down from 20%) ...

Credit bureau TransUnion has released its second quarter Credit Industry Insights Report which highlighted how the number of consumers with credit cards and personal loans has reached record highs, driven by an increase in loans to non-prime consumers.  “Consumers are ...

The latest American Housing Survey conducted by the Census Bureau for the Department of Housing and Urban Development (HUD) has a disturbing statistic hidden among other larger findings—1 in 20, or 5%, of American homes don’t meet the standard of ...

According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates and a decline in originations and refinances.  The index value ...