Housing experts predict two quarter-point interest rate hikes by the Fed in 2022 as housing prices and inflation rates are expected to climb.
Read More »Planet Home Lending Expands Illinois Presence
The team in Illinois aims to help consumers in the community reach their goals of homeownership and specializes in first-generation and first-time homebuyers.
Read More »From Purchase to Sale: The Timeline for an Average Flip
Profit margins declined in the third quarter of 2021 as prices on flipped homes continued to rise more slowly than they did when investors originally bought their properties.
Read More »Fannie Mae Survey Predicts Return to Normal Market Conditions
Mortgage lenders are predicting the market will return to some semblance of normal in 2022, at least that’s according to Fannie Mae’s Mortgage Lender Sentiment Survey, which is a quarterly poll of senior lending executives to assess their views and outlook across the mortgage market. Among ...
Read More »Nearly Half of Americans Looking to Relocate for Financial Gain
Moving South may save you more money than you think, as states like Arkansas, Missouri and West Virginia remain affordable throughout the pandemic.
Read More »Evolving Regulatory, Risk Landscape Tops Mortgage Industry Concerns
U.S. banks and credit unions cite the constantly changing regulatory landscape as a major risk management concern in a new survey.
Read More »Senate Confirms Alanna McCargo as Ginnie Mae Head
Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.
Read More »GoFundMe Established for Kentucky Tornado Victims
Legal League 100 member firm McCalla Raymer Leibert Pierce has launched a GoFundMe charity drive to benefit disaster victims in wake of the recent Kentucky tornadoes.
Read More »National Mortgage Delinquency Rate Drops Again
CoreLogic’s Loan Performance Insights Report for September 2021 found that just 3.9% of all mortgages nationwide were in some stage of delinquency (30 days or more past due, including those in foreclosure), a 2.4-percentage point decrease in delinquency compared year-over-year, when the ...
Read More »The Exchange: Mike Rawls, CEO, Xome
DS News sat down with Xome’s CEO to discuss such hot-button topics as the current state of the industry and the auction process.
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