According to a recent Fannie Mae survey, there is a latent interest in blockchain technology, but most lenders have yet to invest in it.
Read More »Bankruptcies Down Over 20% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by 10% last month representing 32,508 filings of all types, down ...
Read More »Gen Z Buyers Represent a ‘Growing Splash’
Nationally, Gen Z homebuyers represent approximately 10% of the market, but that number is growing in some states due to an influx of 18 to 24-year-olds.
Read More »Investing in Appraisal Modernization Can Boost the Bottom Line
Time and time again, proverbs across time and cultures tell a tale of a protagonist who refused to get with the times by refusing to accept modern ways of doing business or new technologies. But, according to Fannie Mae’s Economic & Strategic ...
Read More »Foreclosure Filings Up 160% YoY
ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 properties with foreclosure filings against them, down 8% from March ...
Read More »Migration is Key Trend Affecting Insurance Carriers
The Great Recession, now 15 years behind us, and its impacts on homeownership and insurance markets are still being felt today. This is according to a new report from the credit bureau TransUnion, who also found that migration patterns are ...
Read More »Seriously Delinquent Borrowers Struggling to Recover
According to CoreLogic, the nation’s delinquency rate in the U.S. in February 2022 hit its lowest recorded point since at least January 1999, as found in its monthly Loan Performance Insights Report. In February of this year, some 3.2% of ...
Read More »Adding Up: Rising Rates’ Financial Impact
Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice this year, is expected to have further increases for the foreseeable future. ...
Read More »Affordability Concerns Lower Consumer Confidence
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and inflation pushed buyers to question affordability. All six of the index’s components ...
Read More »Navigating Sub-servicing Challenges
On April 19, the Five Star Institute presented its latest webinar discussing the benefits of sub-servicing, how to navigate and ensure compliance with government regulations, and on how to maximize ROI for all parties. The free-to-attend webinar was sponsored by Selene ...
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