Daily Dose

The FHFA’s latest 2022 Foreclosure Prevention and Refinance Report breaks down Agency data ranging from foreclosures and REOs to forbearance and mortgage performance.

With mortgage rates hitting 14-year highs and inflationary woes lingering, high-end homebuyers are backing off from purchasing luxury homes nationwide, with a near 30% drop-off reported year-over-year.

Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. But amidst a tight housing market, potential Hispanic homebuyers —especially first-time buyers— ...

According to S&P CoreLogic Case-Shiller home prices experienced a near 16% annual gain in July, a total that slid 2.3% month-over-month, as the Fed continues to take action to remedy the nation’s economy.

Fannie Mae has executed its ninth Credit Insurance Risk Transfer (CIRT) transactions of 2022.  CIRTs are part of the GSEs’ ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, as CIRT 2022-7 ...

Home prices may seem as if they’re declining in some parts of the country, but they've also dramatically risen over the past two and a half years since the onset of the pandemic. Resulting from this rapid growth, homes valued ...

In another new sign of the times, roughly 64,000 home-purchase agreements fell through in August 2022 according to Redfin, a number equal to 15.2% of all homes that went under contract that month.  To put it another way, that number ...

A donation from the Wells Fargo Foundation to be dedicated toward disaster relief efforts in Puerto Rico to rebuild the region in the wake of Hurricane Fiona making landfall.

Black Knight Inc. has released a “first look” the latest iteration of its Mortgage Monitor Report for August 2022, which looks at delinquency and foreclosure rates across the U.S.  According to Black Knight, the national delinquency rate fell to 2.79% ...

According to new research from Fannie Mae’s Economic and Strategic Research Group (ESR), the housing market is expected to further cool as mortgage rates continue to rise and continues to predict an official recession conditions in 2023.  According to the ...