HouseCanary’s most recent Market Pulse Report notes that market activity—in terms of net new listing volume—remains sharply down year-over-year. Just how much are volumes lagging behind? Click through to find out.
Read More »Homebuyers Finding Relief in Home Price Drops
Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.
Read More »CFPB Examines State Community Reinvestment Laws
The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.
Read More »FHA Extends Foreclosure Protections to Victims of Maui Wildfires
In an effort to assist borrowers impacted by Maui’s August wildfires, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.
Read More »Homeowner Equity Remained Strong During Q3
While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.
Read More »A Sign of Things to Come? Commercial Bankruptcies Doubled YoY
Total bankruptcy filings increased in October on a yearly basis at a rate of 24%. Click through to read an analysis of the latest data. Could it prove an alarm bell for more widespread economic troubles ahead?
Read More »October Home Prices Hold Steady
Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?
Read More »Sen. Scott Announces Framework for U.S. Capital Markets Reform
Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs has drafted the outline for a bill to revitalize the U.S. economy and boost avenues for capital formation. Click through to read highlights of the proposal.
Read More »Feds Seek to Enhance HECMs for Senior Homeowners
The FHA has proposed changes to the Home Equity Conversion Mortgage Program geared toward improving program stability and to adapt to changing market conditions. Full details after the link.
Read More »Examining the Impact of the ‘Lock-in Effect’
A new Fannie Mae report examines how the "lock-in effect" is affecting the housing market. Click through to read why surveyed homeowners are staying put, and how that choice is sending ripple effects throughout the market.
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