A recent survey from CraftJack showed that 1 in 5 Americans moved in 2021 following the onset of the pandemic. New data reveals that the South is seeing the greatest increase in migration, while the Northeast is losing the highest share of residents.
Read More »Safe and Sound
Jerry McCoy of LoanCare examines three keys to enabling sound servicing decisions using data-driven technology.
Read More »Measuring Hurricane Ian’s Impact on the Sunshine State’s Housing Market
edfin reports that pending home sales fell more than 50% in three Florida metros hit hardest by Hurricane Ian, with new listings slumping in all three metros as well.
Read More »By the Numbers: Consumer Default Rates
According to a monthly report from the S&P Dow Jones Indices and Experian, the most popular types of consumer defaults remained steady. Click through to see which metropolitan areas saw the most significant default shifts.
Read More »The Future of Fannie Mae and Freddie Mac
A new opinion piece from Don Layton, the former Freddie Mac boss, explores how the GSEs came to be under government control, and what the future should hold for the two companies.
Read More »Black and Latino Homeownership Rates Rise in Nearly Half of U.S.
While Black and Latino households have often been disproportionately affected by predatory lending practices, homeownership rates have increased nationwide for both. However, lack of affordable housing and high interest rates may pose challenges moving forward.
Read More »Home Sales Slowing as Inventory Remains Low
Home sales in September saw a significant dip compared to August, decreasing about 30% lower than the same time last year. While inventory is up just 3%, numbers remain nearly 40% below 2019 levels.
Read More »Rent Growth Decelerates for Fourth Consecutive Month
The average U.S. single-family rent price growth slipped for the fourth consecutive month on an annual basis in August, while rental growth rates have also gradually decreased year-over-year since the beginning of Q1, becoming the slowest-growing market overall.
Read More »FHFA Releases Q2 Foreclosure Prevention Report
The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, while total refinance volume and mortgage rates also decreased in the same month.
Read More »FHA Proposes Changes to Manufactured Homes Rules
In line with the Biden Administration’s previously announced Housing Supply Action Plan, the FHA’s proposed rule sets forth a methodology for regularly adjusting the limits on loans that finance manufactured homes titled as personal property.
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