Daily Dose

Led by the recent deal with Sagent, nationwide mortgage servicer reported net Q1 profits exceeding $650 million.

Home sellers were earning a 4.4 percentage point profit on their sales in Q1, marking the largest drop since 2011.

The Spring homebuying season started off strong, and home purchases show little sign of slowing, due to surging demand and low inventory. According to the annual Bank of America’s 2022 Homebuyer Insights Report, homes are being snatched off the market ...

New program commits to serving manufactured housing markets, as data shows residents of owner-occupied manufactured housing tend to have lower incomes than owners of site-built homes.

Rohit Chopra outlines recent efforts of the CFPB in Semi-Annual Report, and addresses measures to keep tech at the forefront of the Bureau’s objectives.

According to the new data released by the Federal Reserve Bank of Philadelphia, it’s predicted that roughly 2.15 million mortgages are either in forbearance or past due, with an estimated 630,000 of those mortgages still in forbearance as of April ...

It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did in February.  According to Redfin, an online real estate brokerage, 65 percent ...

Newrez LLC has announced the appointment of Neenu Kainth as Chief Digital Officer. Kainth steps into her new role with more than 20 years of proven experience driving digital transformations at Fortune 500 companies. She has a keen expertise in ...

Home prices nationwide rose nearly 20% in February, as buyers tried to get ahead of anticipated rate hikes, led by markets in the South and Southeast.

It seems that the Federal Emergency Management Agency Risk Rating 2.0, which is changing up where and how much people are being charged for flood insurance, is impacting Texas and Florida the hardest.  FEMA’s Risk Rating 2.0 raises flood insurance ...