Daily Dose

Even if working from home becomes a permanent way of life, the credit-rating company says proximity to work and urban centers will remain significant.

Historically high levels of foreclosures witnessed during the Great Recession aren’t likely, but "the number of defaults will increase once the foreclosure moratoria have lifted," experts predict. Here are the areas most likely to be impacted.

Hundreds of thousands of homes are at risk of storm surge destruction by Hurricane Delta. That is based on information coming in Wednesday evening from the National Hurricane Center, which projected Category 2 status at landfall, and data from CoreLogic, ...

Although the CARES Act has made it possible for homeowners to defer mortgage payments for up to a year, some 400,000 borrowers are not taking advantage of these forbearance programs and have thus become delinquent, estimates the Urban Institute. "To ...

Fannie Mae's Home Purchase Sentiment Index (HPSI) increased 3.5 points in September to 81.0. That's the second consecutive month of increase, showing a rebound from late spring continuing. Three of six HPSI components increased month-over-month, and consumers reported a "substantially ...

Traditionally, Presidential elections have not made much of a difference in the housing market. This one could be more impactful, according to a survey from Redfin. That said, most insiders do not believe that, in the long term, it will ...

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) announced $3.9 million in funding through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP), a program designed to create more-accessible homes for ...

This week’s DS5 installment features Steve Bailey, Senior Managing Director and Chief Mortgage Operations Officer for PennyMac Financial Services. He discusses how the industry is preparing for homeowners to begin coming out of forbearance, as well as what other top challenges he ...

Reaching into its mortgage-related investments portfolio, it announced the auctioning of 2,806 non-performing residential first lien loans (NPLs), according to Freddie Mac. Specialized Loan Servicing LLC currently services the loans, with a balance of $464 million. The anticipated settlement date ...

A new study from UC Berkeley shows how badly California has been financially impacted by COVID-19, with an extra burden impacting minorities.