Daily Dose

While annual single-family rent growth slowed in August, marking the 16th consecutive month of declines, a new report from CoreLogic revealed that rents have increased by 30% nationwide since February 2020. Click through to see how the numbers break down.

"Forbearance was an invaluable tool for borrowers experiencing financial hardship due to the COVID-19 pandemic," said FHFA Director Sandra L. Thompson. Here’s what the announced change means for the industry.

MBA forecasts that unemployment increases, a rise in property taxes, the resumption of student debt payments, and the potential for natural disasters will impact loan performance in the future months. Here’s what September’s forbearance data reveals.

In line with Hispanic Heritage Month, the Department of Housing and Urban Development has launched a new task force dedicated to empowering the Hispanic community and bridging disparities in housing, procurement, and housing practices.

Looking into 2024, the Mortgage Bankers Association (MBA) has announced that it now predicts origination volume to total $1.95 trillion next year.

New commentary from Fannie Mae revealed the ESR Group is warning that while rates are moving rapidly again, they are expected to weigh on consumption and business investments over time. Experts now project a significant slowing trend in economic growth through the end of the year and into 2024.

A new report from TransUnion explores FHFA’s proposal to utilize two instead of three credit reports, and the significant impact such a move would have on consumers, mortgage lenders, and the broader economy.

The new DPA One option works to quickly and efficiently access and compare down payment assistance programs in order to help more first-time homebuyers achieve homeownership.

As homebuying conditions continue to moderate, housing competition has eased as inventory increased, according to a new Zillow report, while home values experienced the first month-over-month decline since February.

The CFPB and FTC have issued a joint consent order requiring the credit reporting conglomerate to pay $23 million in fines for tenant screening and security freeze failures.