Daily Dose

Adjusting the exemption amounts for special appraisal requirements, the CFPB, Federal Reserve, and the Office of the Comptroller of the Currency have revised dollar thresholds to match wage increases as measured by the CPI-W.

The share of first-time homebuyers rose in August, posting a strong year-over-year gain that brought market share up to pre-pandemic levels.

With talk of a recession on the horizon, ATTOM’s latest data breaks down foreclosure rates and related data, as well as how they are being impacted by larger economic factors.

According to Realtor.com’s latest Rental Report, the deceleration from rising prices in September may relieve some renters of financial stress. However, rental affordability remains a significant challenge as inflation continues to outpace wage growth.

Ginnie Mae’s MBS portfolio grew for the 15th consecutive month in September, ending the fiscal year at nearly $2.3 trillion. Alongside financing more than 143,000 homeowners and renters, Ginnie Mae MBS supported financing for more than 64,000 first-time homebuyers last month.

According to RentCafe's latest market trend report, renting has reached its highest peak in over 50 years, as renters surpass homeowners in 41% of ZIP codes in the 50 largest U.S. cities analyzed.

Reporting data for August 2022, S&P and Experian found defaults for first-lien mortgages held steady for the second month in a row. Click through to learn the details.

In efforts to further combat the nationwide housing affordability crisis, JPMorgan Chase has announced $3 million in grants for five organizations across the U.S. to expand climate resilient affordable housing for Black, Hispanic, and Latino households.

Fannie Mae’s Economic and Strategic Research Group has found that due to inflation, monetary policy tightening by the Federal reserve, and a slowing market will tip the economy into a “modest recession” during the first quarter of 2023.

Despite rising prices and speculation about looming recession, the Office of the Comptroller of the Currency reports that the performance of first-lien mortgages held by the federal banking system improved throughout the course of Q2 2022.