Daily Dose

HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.

Thirty-year veteran assumes role overseeing business development and online operations for Auction.com, including maintaining and creating new client relationships.

“Similar to December 2022, the availability of credit has been driven lower by declining originations and shrinking industry capacity as lenders have streamlined their operations to cope with lower volumes,” said Joel Kan, MBA’s VP and Deputy Chief Economist.

According to a new study from LendingTree, millennials make up the largest share of homebuyers in the U.S., surpassing older and wealthier generations.

“The uptick in overall foreclosure filings nationwide points toward a trend that may suggest more increased activity is on the horizon as we enter the new year,” said ATTOM CEO Rob Barber.

Attorneys Thuy Frazier and Cole Patton discuss what happens when a borrower passes away before the underlying mortgage obligation has been satisfied.

According to the National Consumer Law Center, when the GSEs sell loans to private investors it can cause borrowers to lose protections to keep them out of foreclosure.

While rents are increasing slower than the cost of housing nationwide, a new study from Redfin revealed Gen Z and millennial renters have overall lower personal inflation rates compared to the typical American.

The persistence of pandemic-era remote work gave many workers the ability to pick up their lives and find a location more suited to their lifestyle—and their wallet as well.

Fitch Ratings has announced it has added two Third Party Review firms to its coverage over the past five months, and now views 24 firms as “acceptable” for work on RMBS transactions.