Weary homeseekers aren’t going to see any relief soon as the latest Market Pulse report from HouseCanary, a real estate valuation brokerage whose team of economists regularly researches and reports industry trends, found that inventory levels dropped again last month to near record low levels. HouseCanary predicts that this ...
Read More »Breaking Down the Language Barrier
Anita Bush of FICS details how the industry is pushing to improve communication with limited English proficiency borrowers.
Read More »Bankruptcies Continue Upward Trend
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its October 2021 bankruptcy filing statistics from its AACER subsidiary which found that filings rose by 1.8% last month representing 31,471 filings of all types, up from the 30,920 seen is September. Breaking the data down, ...
Read More »Property Values Rise Continue to Rise
The October 2021 Home Data Index Market Report (HDI) has been released by Clear Capital—a Nevada-based property valuation management and data solutions company—shows that the average American home increased in value by 5.3% over last quarter. According to the report, home prices are now up 19.5% year-over-year on average. ...
Read More »LOs Earned Less in Q3
A combination of increased staffing and a drop in refi volume cut into profitability in the third quarter of 2021.
Read More »Driving MSR Trades Into The Future
If you look under the hood, our industry is still being powered by technology built more than a decade ago—creating downstream impacts to the secondary market.
Read More »Candor Introduces New Loan Scoring Engine
Utilizing proprietary data, Candor’s new offering assesses investor guideline eligibility and mitigates loan defects to underwrite loans.
Read More »Examining Climate Risks and Financial Stability
A new report by the Financial Stability Oversight Council has identified 30 specific recommendations that financial regulators can take to identify and address climate-related risks to the financial system.
Read More »Tight Inventory Spurs YoY Price Growth in September
The nation’s housing supply remains a concern for first-time buyers being shut out of a market by accelerating price hikes.
Read More »How Many Homebuyers Were Eager to Move in Q3?
Data shows that people are looking to move away from large cities and major job centers as an increasing number of jobs go remote.
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