Virtual tours have gained in popularity over the past two years, with Charlotte, North Carolina leading the way with a 1,571% increase in interest.
Read More »Higher Mortgage Rates Expected to Slow Housing Activity
According to the April 2022 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group, expectations of aggressive monetary policy tightening through 2023 by the Federal Reserve are expected to further moderate economic output already being weighed down by ...
Read More »Mr. Cooper Taps New Appointment as EVP and CFO
Mr. Cooper Group Inc. has announced the appointment of Jaime Gow as Executive Vice President and Chief Financial Officer. Gow succeeds Chris Marshall, who has served as Vice Chairman and President since June 2021. As CFO, Gow will continue to ...
Read More »Foreclosure Activity Increases for Eleventh Consecutive Month
ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for March and the first quarter of 2022 which has found that there was a total of 33,333 properties with foreclosure filings against them, up 29% from February (which ...
Read More »How Tech Is Altering the Face of the Mortgage Space
Experts will share their insight on how technology will further scale and drive efficiency in digital lending in an upcoming installment of the Five Star Institute Webinar Series.
Read More »Uncovering Natural Disaster Insurance Gaps
The consumer question at bay, do insurance companies cover natural disasters? The answer is, there is no single insurance policy specifically labeled for natural disasters, but there are homeowners insurance plans that cover several types of potentially home-damaging catastrophes. ...
Read More »Rate Environment Putting the Squeeze on Housing Market
Upward trends in mortgage rates and median prices are forcing more back to the sidelines to re-consider their housing options.
Read More »Rent Prices Find New High in March
Increasing prices and pressures in the purchase market are creating more demand for rentals, pushing up rent prices to record levels.
Read More »Fannie Mae Executes $23.1B CIRT on Single-Family Loans
Fannie Mae announced the execution of its fourth Credit Insurance Risk Transfer (CIRT) transaction of 2022. Dropping nearly 12% from the first transaction of $26 billion executed in February, Fannie Mae will retain risk for the first 45 basis points ...
Read More »Lawsuits Over Floorplans May Become Reality if Ruling Stands
The National Association of Realtors (NAR), among a group of 18 companies and organizations, is leading the charge against a recent court ruling that allows lawsuits to be brought against homeowners that use their own floor plan during the course ...
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