The Department believes that its new rule will serve as a critical home retention tool for borrowers in a volatile interest rate market.
Read More »Foreclosure Filings up 18% YoY
According to ATTOM data, foreclosure filings continued to trend down slightly month-over-month but remained significantly elevated year-over-year. Click through to learn what the latest data forecasts for the months ahead.
Read More »Affordability Struggles Weaken Housing Market
The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new homes sold for less than $300,000 in Q4 2022.
Read More »Commentary: Zoning Is Key to Improving Affordability
Many parties work in concert in the lead-up to building and selling a home; zoning is one area that can be reformed to make affordable housing a feasible goal.
Read More »Sagent Names Perry Hilzendeger EVP of Servicing
Mortgage servicer taps industry exec who helped build and run Wells Fargo’s near $1 trillion servicing portfolio and brings ops expertise to accelerate Sagent’s modernization of servicing software.
Read More »Affordability Constraints, Job Security Deterring Homebuyer Sentiment
According to a new Fannie Mae report, nationwide housing sentiment has returned to a near-survey low, as homebuyers and home sellers continue to combat inflation and occupational insecurities.
Read More »Ninth Month of Slowing Housing Growth
Even though home price growth has fallen into the single digits, January posted positive gains for the one-hundred and thirty-second consecutive month.
Read More »Mr. Cooper Announces Executive Leadership Changes
Kurt Johnson has been named CFO of the mortgage servicer as Jaime Gow transitions from CFO to Strategic Advisor. In addition, Christine Paxton has been named EVP and Chief Risk and Compliance Officer.
Read More »FHFA Announces Roundtable Discussions, Listening Sessions
The Federal Housing Finance Agency has announced upcoming roundtable discussions and a wrap-up listening session as part of its comprehensive review of the Federal Home Loan Bank system.
Read More »Investor Flipping Became Much Less Common in Q4
The last time the market saw these levels was before the pandemic. Click through to see how far investor activity fell.
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