“Home values inside Opportunity Zones are falling,” said Rob Barber, CEO for ATTOM. “But, on balance, they aren’t dropping any faster than in more well-off neighborhoods around the country. By a couple of metrics, they are even doing a little better.”
Read More »Investor Home-Purchasing Slows in Q4
The share of homes investors are purchasing is slowing, with some cities seeing activity decrease by more than 60%.
Read More »Nearly 80% of Aspiring Homeowners Have Halted Their Home Searches
Flyhome survey respondents were asked to identify the reasons for pulling back from the market, including home prices, housing inventory, inflation and recession concerns, interest rates were chosen by 86% of respondents as the number one reason for halting their home search.
Read More »What Percentage of Homes Do Black Americans Own?
A new commentary and research piece by Jacob Channel, LendingTree’s Senior Economist, hits on the topic of racial inequities in homeownership—particularly the share of homes owned by Black identifying Americans compared to the share of Black people living in the same area.
Read More »FHA Seeking Input on Financing for Rehab Homes
New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability.
Read More »Connecticut Supreme Court Addresses Standing in Foreclosures
Attorney Geoffrey K. Milne discusses standing in a mortgage foreclosure, and the ramifications for both the lender and borrower.
Read More »Accounts in Collections Drop by 86M Over Four Years
According to the Consumer Financial Protection Bureau, the number of accounts in collections dropped from 261 to 175 million tradelines between 2018-2022.
Read More »Singles Living Alone Face Estimated $7,000 ‘Singles Tax’
Living alone may cost some renters more money in the end, as a new report from Zillow revealed cohabitating renters in the U.S. save an estimated $14,000 a year by living together.
Read More »Fannie Mae Reports Dip in Q4 Revenue
The GSE reported a Q4 loss in revenue, with a $12.9 billion annual net income and $1.4 billion fourth quarter 2022 net income, with net worth reaching $60.3 billion.
Read More »Inside the Golden Age of Servicing
This week’s Five Star Webinar, presented by Sagent, will explore the state of mortgage servicing in 2023, from tech advances to regulatory changes.
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