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Daily Dose

Housing Demands to Slow in Winter Months

Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to slow in the coming winter months, as it may return to a ...

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Foreclosures Tick Downwards In November

REO bank owned

ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year.   The news was ...

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Renters More Likely to Miss Monthly Payments

It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times ...

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Fannie Mae Issues $100B in Green Bonds

Fannie Mae hit a major milestone in 2021 as it has now issued $100 billion in green, multifamily mortgage-backed securities (MBS).  The GSE began issuing the MBS 10 years ago to support sustainable and affordable housing for residents in properties financed through its Green Building Certification program ...

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Heading Full Steam into 2022

As the days grow shorter and the year draws to a close, the real estate market is heading full-steam into 2022 and bringing record high prices with it.  Looking ahead to 2022, Zillow has released a list of predictions about what one could expect in the near ...

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Patrick O’Brien Appointed Cenlar Director of Business Discovery

Cenlar FSB, a national mortgage loan subservicer and federally chartered wholesale bank, announced the appointment of Patrick O’Brien to the business development team as Director of Business Discovery.  As Director of Business Discovery, O’Brien will support Cenlar clients, and engage with the marketplace to determine where Cenlar can add value ...

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